⏳ Spot
💎 BCHUSDT has been making HHs and Hls in the ascending channel. Right now the price is at a very significant resistance and if it breaks above the resistance it could go much higher from where it is now.
🌐 Tradingview
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at Market or at 596.0
☕️ TP1 638.0
🍺 TP2 674.0
🍻 TP3 720.0
🍾 TP4...
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (596.1).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BCHUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
BYBIT:BCHUSDT
4H trend chart
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Price has build a Cup pattern, and there is a potential handle in 4H chart.
If price can break out Fib(1) which is 625.85 and stand firm on it, the handle will be completed.
The cup and handle pattern is a bullish signal, so our trading strategy as below.
*Notice the pink zone, which is long-term resistance, probably give...
#BCHUSDT
$BCH broke out from long term descending resistance, and it is trading above support zone, next resistance is around $700, and a successful break above $700 will reach #BCH to $900.
For everyday learning. I am trying to plot the trend lines and trying to apply technical analysis. Hope I learn analysis soon. Please guide if anybody want to give any suggestion.
Hello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a 4-hour time frame.
As you see, the price has gone out of the channel several times and has entered into the channel again.
At the moment, we believe that the price will be able to enter into the channel again and go to the bottom of the channel, if it is not supported.
We have to...
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Good Luck
Not Financial Advice, but this might be the right time to add some BCH exposure to your overall bag.
The first target is $780,
Second Target $1200.
#HappyMooning #Uptober
Not a holder of this crypto, but BCH/USD is one of the late bloomers this cycle and is completely poised for launch.
Full 4.236 Fib extension using Coinbase Highs and Lows predicts an absurd value of nearly 18k.
Regardless of chasing 18K, you can see that this crypto is locked and loaded - even with today's price movement it is still under the "spring" and is...
BCH is currently sitting on the 0.236 fib retracement level and it might have found its bottom at around 475$. In case the crypto market starts an uptrend in October, these are the possible targets I'm watching out for when trading BCH.
BCH is very weak at 500$ zone so in next days it could fall down to 440$ zone and 380$ zone. Then it could generate a new rally up to 560$ and 760$ zone.
📈RED PLAN
♻️Condition : If 1-Day NOT closes ABOVE 0.2$ zone
🔴Sell : 500$
🔴Buy : 440$ - 380$
🔴Sell : 560$ - 760$
📉BLUE PLAN
♻️Condition : If 1-Day closes ABOVE 0.2$ zone
🔵Buy : 500$
🔵Sell :...
| BCHUSDT | SHORT @ 545 - 540 | TP @ 535, 530, 525, 520, 515 | SL @ 565 | PATTERN = N/A |
PNF chart on the hourly shows a trend reversal
The strategies I use involve a mix of PNF and Renko. My type of trading is strictly swing trading.
BINANCE:BCHUSDT
Hello dear traders
the BCH is inside the triangle, if it manages to breaks
the top line of the triangle then it can rise to the
its top of channel and then rise to the resistance zone,
Bit it it manages to breaks the bottom line of the triangle
then it can fall to the support zone.
