Today, we want to focus your attention on the global and maximum chart of the BCHUSDT trading pair
In August 2017, it was "a very hot summer": the alt season was in full swing, and there was also a BTC fork, as a result of which Bitcoin holders received free BCH 1:1. The same manipulation took place after during the fork of Bitcoin Gold - another sad fork...
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:-$210
With leverage 3x to 5x
And long term hold and good profit...
📊 BCHUSDT (Bitcoin Cash )
💹 Time Frame: Daily (Update)
➖➖➖➖➖➖➖➖
🟡 BCH is now trading near the S/R area of 350$. BCH has already broken the trend line and holding it well. You can build your position in BCH near the 370$ _ 400$ area but . The first resistance is $620 area
and the major resistance is $700-$720 area. The next good support is 260$_ 300$ area.
...
In our portfolio of ideas, a series of accurate predictions for the BCHUSDT pair have gathered, it's time to continue it)
In January 2021, we wrote about buying BCH at $380 and possible sales at $1200
Further in May, they wrote that growth to $1,700 is still possible, and this is what happened, after which the cryptocurrency market collapsed...
I am looking for coins with growth possibilities today for your profit, and BCH is definitely one of them. With bullish formations in the cascade, with technical courses like the book, BCH has a strong long prediction for the rest of the day, so dear friends, let's take our profits.
If you appreciate my analysis please like and follow. If you want other tools...
Almost 4 months have passed since the publication of the previous global BCHUSD idea.
It's time to take stock:
First, the price of BCHUSD dropped by -25%, giving a tasty purchase at $380 (the minimum was $370)
And then we had +300% growth when the goal reached $1215
In the end, you can check everything yourself by looking at the idea below.
And although BCH...
BCH rocket was launched a little bit later than on BTC, but it is here. We reached an important resistance around $632. We are heading for a correction, but Bitcoin Cash is still bullish. You have several options to jump in.
ENTRY LEVELS BCH/USD LONG:
$532
$497
$466
If we break the price of $632, buy with a pullback but be careful.
The month on the BCH market passed in a wide consolidation range.
Buyers managed to barely update the previous high and give false hope to buyers to continue the trend.
Since December 21, the price has fallen by 25% virtually unhindered. The main volumes are concentrated within this consolidation in the range of $310-320 . Buyers have lost control of...
An old BTC fork showed great promise in 2017. When it was worth $4,000 , many predicted that sky-high growth would continue.
Now, BTH is trading around $225.
The volatility is low and it can be traded as a diversification asset.
From the level $195, the price has already been thrown up several times, but perhaps in order to sell more expensive.
If the...
Tripple bottom formation on 1hr chart.
4hr chart is looking to make a turn around soon.
If this price rise happens, look to the 1D chart for a near drop in price possibly breaking $300 resistance.
Influx of volume today will confirm or cancel out this forecast.
______________________________________________________
Bitcoin and other cryptocurrencies are a very...
Observations:
On the weekly chart, BCH has been performing well and has reached the main resistance.
If the candle stick open and closes above this resistance, then the trend is confirmed bullish. 21 EMA acting support.
On the daily chart, BCH has moved up while BTC has dropped. If BTC was to drop further, it will be unlikely BCH will continue in the upside.
On...
Broken out of Monthly downtrend Channel and on high volume,
Bullish Breakout seems legit and since it's on monthly timeframe, the move to upside must be significant.
My expectation for price action is indicated by the thin green and red arrows.
Blue triangle indicates the current range.
The large dotted green arrow indicates the overall trend.
Green box is buy.
Red box is sell.
Blue line indicates major support/resistance identified by the fib channels.
Green & Red lines indicate t/p.
Black dotted lines are fib...
BCHABC Trade Setup Buy Around 0.037000 and Sell 0.055000
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
If the next candle (Day) turns out Green ABC will fly high upto 300-400 dollars
Wait for the signal !
Enjoy profitable trades :)
Remember , for validity there has to be a Green Candle (Day chart)
or else new pattern will follow.
Good luck
"Invest at your Risk"
The Bitcoin Cash market has slowly been recovering alongside BTC, lets take a look at the chart to get an idea of where we stand vs the Dollar.
We can see that the candles are making higher lows on the 4 hr candle chart.
This is a good place for the higher risk trader to get in on the action, stacking buy orders down into the $1260 support zone for quick gains...
