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...
Bitcoin Cash is moving in the liquidity zone within the downward channel. Volatility has declined. The price is in the overbought zone of the BB indicator (30m TF) I expect that BCH may test the upper boundary of the descending channel, and after fixing under it will continue to decline.
Reasons to take long if BTC will be bullish: ⭐️ Range for 10 days ⭐️ Trendline is clean ⭐️ 5th touch ⭐️ Price is squeezing to the level ⭐️ Volume at bottom ⭐️ 40 ATR ⭐️ Over VWAP Will enter when price squeezes to the level on 5m timeframe, the base will form and the tape will get faster. If you don't understand the previous sentence, just use swing stop-loss...
HEY ,SUP GUYS and Girls ! Welcome to my new analysis today , In last analysis that I posted for Bitcoin Cash , it wasn't able to rise up as I expected , but at least reached the first target one ( >240% long (1x)🎯💰 ). So today as we can see in Weekly time frame for BCHUSD , That has reached the Demand zone , after a little consolidation can start to rise...
Bitcoin Cash hits a new All-Time Low while at the same time hits oversold on the RSI. We have a strong bullish divergence with the MACD. Based on other market factors not visible on this chart, we believe that Bitcoin Cash can bounce at this support level. The last low around $107 should be the stop-loss in a manual way as we use it. Any trading above this...
This count could be valid for most of alts in the near future. Just a thought let's see how it plays out
Reasons to take short ⭐️ Buyer on BTC ⭐️ We came to liquidity zone ⭐️ Volume increased ⭐️ 3rd touch ⭐️ 110 ATR Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster. If you don't understand the previous sentence, just use swing stop-loss 3-5% Fix profit by parts: 1% - 1/3 2% - 1/3, stoploss to...
Unfortunately, nobody is interested in BCH. As the support trend is broken we could potentially see new lows.
BCH is moving in a downward channel. The next target is the 2019 ATL. There is no liquidity under the price. Main MAs on the 1D Timeframe are bearish. I expect the price will continue to decline after it has fixed under the resistance level.
BCH/USDT Entry Range: $130 - 145 Price Target 1: $119 Price Target 2: $105 Price Target 3: $95 Stop Loss: $167
Bitcoin Cash has been subjected to heavy sell-offs in the last six weeks post an up-channel (yellow) breakdown on 30 April. The price has been hovering near the lower band of the Bollinger Bands (BB) for the most part ever since. A convincing close below the two-month trendline support (yellow, dashed) would open doorways for an extended retracement. Any close...
BCH Fractal shows bear market in the near future but also shows a tight triangle. Will there be a potential retest to $70.00 (22,000% Gain)? Or will BCH launch out of the Triangle from $168.00 (9700% GAIN). Or will 2023 look more likely? The ALTCOINS were missed, and there are 2 narratives to be played out. Will ALTCOINS launch and decouple from BTC? (*BTC...
Bitcoin cash supporters are known for spreading adoption over the years and 2022 is no different. This year, the peer-to-peer cryptocurrency bitcoin cash has seen significant adoption throughout the islands of the Caribbean, alongside places like Dubai, and Mumbai. Bitcoin cash is also accepted at Burger King St. Kitts and the island’s Panda Supermarket accepts...
The price is moving in downward channel. Volatility declined. The price is testing 200MA (1H TF) I think that the price will test an upper boundary of the channel and fall after fixing under the boundary.
BCH is moving in the accumulation zone and the price is now near the support level. I expect an upward rebound. BUY scenario: long to 211.75. ---------------------------------------------------------------------------- Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments.