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...
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...
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Hello everyone, today I sorted out the BCH coin, this pair made good savings, and now it is under the resistance line, I don’t see the reaction now, I will take it on the demolition of stops, I showed it in more detail on the chart, I also noted the level where there will already be violations of the scenario, I will throw a limit wait for a reaction. Have a nice...
Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for BCHUSDT
Here you see that we have R1 as the long-term resistance line and it shows the unsuccessful triumphs of the price to rise over this line. S1 area is a long-term support line that resembles the support of the price at several points. At the moment,...
My idea for bounces from support (premium price). We have been located for over 120 weeks, the indicators are sold out on all time frames, bullish divergence. All we need to BTC go up.
It's worth pulling the trigger.
Take care, trade safe.
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Everything on the chart.
Entry: market and lower
Target: 140 and 160
after first target reached move ur stop to breakeven
Stop: ~103 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 3
risk is justified
In other news, im shorting some weak alts like BCH to the 0.618 level and go from there.
BCH has rejected the channel and is now dropping after volume decreased as price rose.
Fed speak tomorrow, good luck all.
Bitcoin Cash is a peer-to-peer electronic cash system that aims to become sound global money with fast payments, micro fees, privacy, and high transaction capacity.
Bitcoin Cash is high volume coin. Which is a good thing in a bull market.
But right now we are in bear market and at a very important price zone for bitcoin cash!
277 is a massive support area.
Bullish scenario 🔴45000🔴 and/or 🔴51500🔴
Bearish scenario 🟢33500🟢 and/or 🟢27000; 24500🟢
Mr. Market's daily dipsy-doodles simply do not matter. In any case, for anyone who will be investing for years to come, falling prices are good news, not bad, since they enable you to buy more for less money. The longer and further market fall, and the more steadily you keep...
$BCH is trading between weekly ascending trend lines, also parallel descending trend line from all time high make resistance for price.
🐮 break out from descending resistance will increase price to ascending resistance that is the same with resistance zone around 0.382 fib level, and break out this zone will head up price to resistance zone between 0.5...