Here is Bitcoin Cash (BCHUSD), this is the same chart we shared a few weeks back. We are hitting the gas on this one as we see potential for massive growth. After the retrace that ended 13-July (Full moon), BCHUSD is now ready to grow. We are active with 10X of leverage. Disclaimer: Not for beginner, for experienced traders only. Leveraged trading is high...
The market started a strange rally after the FOMC meeting, so it is possible that some of the market participants may start to take profits. Price in the overbought RSI zone (4H TF) The BCH ignored the bearish divergence on the 4H Timeframe. Indicator BB - overbought (4H TF) I expect the asset to continue the correction if it fixes below the support level.
We chose Bitcoin Cash (BCHUSD) for you because it moves like Ethereum Classic, very strong with really big candles... So the potential is huge. When you add leverage like we did, then the profits go as high as the new moon. For this one, we visit our trade signal which is still active and at 395%+ profits... See it below: Bitcoin Cash Huge Potential on 10X...
BCH moved even higher following the break out of a diagonal in the last few days. Notice that recovery is now in five waves on the hourly chart so it appears that more gains can follow after the retracement. There is nice technical support at 113 followed by 108/110 area, where the price can meet the trendline.
The structure of medium-term wave levels on the BCH tells me that the decline from the level of $1,600 is probably over. On the smaller timeframe some initial momentum was formed in wave 1 or A, and at the moment the price is correcting in the anticipated wave 2 or B. It is possible that the correction has already ended and the price has already started to form...
If you zoom out..you can see that bottom is not in. BTC closes below weekly 200SMA. Daily, below EMA 89. This week is a big week: HUGE WEEK AHEAD!! GET READY 50% OF $QQQ REPORTS EARNINGS THIS WEEK INCLUDING APPLE , MICROSOFT , GOOGLE , FACEBOOK HOUSING AND CONSUMER CONFIDENCE NUMBERS ON TUESDAY FOMC AND RATE HIKE ON WEDNESDAY GDP NUMBERS ON...
Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BCHUSDT 1W Chart) Whether or not it can move higher than 202.7 is the key. To do that, you need to make sure you can climb above the 122.6-146.0 section. (1D chart) Primary resistance:...
On the H4, with price moving in an ascending trendline and above ichimoku indicator, we have a bullish bias that price will rise from our buy entry at 126.53 where is the swing low support to our take profit at 131.4, where is the swing high. Alternatively, the price may break the resistance structure at the buy entry and drop to the stop loss at 119.00, which is...
BCH is primed for a parabolic push to the 0.50FIB ($247.00), 125% Gain from here. Sell: $247 Buy: 50% retrace/double bottom The previous fractal shows the bottom hitting the 0.50FIB as well. Good luck PAPER TRADING.
#BCHUSDT has the potential for an uptrend to 114$ SL 102.20$
On the hourly chart, #BCHUSDT has the potential for an downtrend to 106$ SL 110.10$
We have the Bitcoin Cash (BCHUSD) trading pair before the bullish signals are really in, we are early... Notice the marked candle, 30-June. This is a reversal candle. Now, after the reversal signal how do we know if there will be follow up? Notice the immense volume yesterday... Can you see it? That huge green volume bar is the confirmation. We see BCHUSD...
If you like AI then Look at my custom cloud settings that show we are flying hi above a huge red cloud and not likely to break back down because they are keeping shorts under water. Only one real correction in there and then we have been pushing right through and so the odds are we will ride the cloud and then expand up. I ran Targets on this earlier and we...
BCH has broken down the upward channel. TD Sequential has formed a reversal signal down on the 4H Timeframe. The price dipped below liquidity. The BCH is in the oversold zone by the BB indicator at 30m and 1H Timeframes. I expect price to test the support level, but after fixing under it will continue to decline.
On the hourly chart, #BCHUSDT has the potential for an uptrend to $110
I have marked in A,B, C, D, this BCH is potentially under threat to go below 100. The bearish pressure is huge. For short position the risk is above senkou B. The conclusion is going down for this BCH. Be wise with your risk and reward. I don't share where will be the taking profit area (remember risk is above senkou B h4 TF). This is my subjective opinion.
BCH is the first fork of btc with a real world usecase. Fast transactions, adoption, you can buy/pay with it, etc. Right now we have Bitcoin Cash at the major support and ATL of 2018. Weekly RSI at 25, I expect a bounce once Dxy, spx, nasdaq and btc bottoms. It has a chance to go at 80$ and lower if bitcoin goes sub 17k of course. Starting to accumulate BCH at...
The LTCBCH pair has been showing signs of bullishness for many months now and in that time LTC has rallied while BCH has gone down and stood still now we see here BCH is breaking down a descending triangle while LTC is still trading near the highs of the rally. I expect that we may see BCH meet Litecoin halfway and come down near the $30-$65 price range as LTC...