📉 Expecting bullish price action on BITCOIN CASH as price action shifted the market strucutre from bearish into bullish making the retracement move back into the bullish orderblock area on the H4 exactly on the psychological figure 300$. We also had a lot of wicks pressure aka buyers getting in on 280$ price area.
What do you think ? Comment below..
Welcome to this quick BCH/USDT 1day analysis in the chart.
I have tried my best to bring the best possible outcome in this chart.
Reason of trade:-#BCH/USDT looks triangle pattern create and 500% Rally confirms and long term hold!
Entry:-$262
$317
Target:- 400% TO 500%
Stoploss:-$210
With leverage 3x to 5x
And long term hold and good profit...
COIN: $BCH/USDT (3-5x)
Direction: LONG📈
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One of our monthly top performers once again ready to explode. Looking on higher time frames like BCH is getting ready to confirm that $540 low was our mid term bottom.
ENTRY: 546 - 565
OTE: 541
TARGETS
Short Term: 573 - 583 - 595 - 610 - 630
Mid Term: 650 - 680 - 720 - 760 - 800
STOP LOSS: 521.3
This message...
It seems that large BCH investors still have big plans for growth.
Otherwise, we do not find another logical explanation, looking at the accumulation of coins during 2019-2020.
In 2019, the coin was sold twice above $380 , fixing the profit.
However, during the 9 months of 2020, the coin was very diligently bought in a narrow range.
Also, at the end of 2020,...
Bitcoin Cash gained some upward movement. The coin is bounced back from the support zone. We have a hardfork coming for BCH. The hardfork will happen on 15 November and everyone knows the history of hard forks. The coin usually pumps before the hardfork and dumped on the day of the hardfork. Buy and hold BCH until 10 November and exit the coin before the hardfork...
I take extreme movement like a double bottom.
Target is $238-$240.
Buying at Fibonnacci level 0.61 and 0.5
This is the area where yesterday's opening price is.
$233 is a mirror level.
You can't break through it the first time.
We'll have to go for good power.
Push ❤️ if you think this is a useful idea!
Before to trade my ideas make your own analysis.
Thanks...
#BITCOIN Cash ( Long Term )
Prices are still positive, we expect Bitcoin Cash to rise from these areas
The most important thing is not to close a weekly candle below the trend line
Take Care !
Do not hurry to buy, the price may go down to good places
#Bitcoin Cash Usd ( Short Term )
Targets expected to be reached :
Target 1 : 432 $
Target 2 : 459 $
Target 3 : 491 $
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As we have outlined first tren reversal in Bitcoin Cash here on Tradingview and made on this more than +40% already - our first target was fully reached. It's a good time to take profits here. I am still expecting to reach the second target ($260) immediately or with a little pullback to our new Key Support level ($220), where you can add into your long....
BCHBTC binance pair has formed a bullflag, included a fib extension targets. Alligator is currently 'eating' the three lines are stretched apart and moving higher denoting trending periods. This is the best time for long entries. Included a Jaw, Teeth, Lips diagram.
The price correction and formation of pennant:
After taking a powerful bullish divergence in Dec 2018 the price action made upto 608% big move after that the price action is going through the price correction period since Jun 2019 Upto Dec 2019.
Now the price action is hitting 0.786 Fibonacci projection of lowest point of Dec 2018 to highest point of Jun...
