Not investment advice. Hodl. Think long term, don't shake it. Bch , Btc cloned. Bch is listed by reputable exchanges. People who think Btc has increased so much Eth. It tends towards coins like Bch. Bitcoin will walk very fast to $ 10 thousand, as it was in the early days. Then I expect a decline. Silhouettes come one after another, he waits for a while...
Hello my friends! Don't forget Bitcoin Cash is one of the 5 currencies that Paypal will accept. We still have a lot of room to ATH. You can see my resistance lines and support lines in the chart. -- Let's see what happens. Happy trading. :-) --
After the big dump, Bitcoin cash shows a lot of positive indicators leading to validate the bottoming and now coming rise before the 14 of september. Then we will evaluate the situation to understand if there is any more upside or if the market is just playing fools games as it did during the last week. Stay safe Subscribe @Zemoood
Failed rally in Feb. Failed rally after crypto dump in March. Failed rally after halving in April. Maybe it will try again from lower.
While BCH is approaching a past resistance point, it is important to remember the crypto markets generally follow one another. The flag-like structure suggests its days are coming to an end. I am not taking this trade due to an unfavorable RR. But, I will certainly keep an eye on it!
When placing trades on Alts we use 10X leverage and keep 8 of them in our portfolio long-short. BCH is one of the top performers this year. Further downside anticipated.
Bcash or Btrash
I couldn't help but get a little giddy after looking at BCH's daily MACD this morning. So I gave the chart a closer look and here is what I found. (**I'm using the BCHXBT chart from Kraken for a more complete price history.) DOWNSIDE ARGUMENT BCH has this repeating fractal after a large pump which it has completed five times before. The current price action is...
Looking at the daily chart for BCH/XBT, we can see that it is sitting at a new all-time low. The price action has been in a falling wedge since last year and is currently sitting on its last line of defense. Nevertheless, there are some positives. The daily RSI is oversold at 26 and is due for a bounce. Support can be seen on the MACD and price chart. BCH tends...
Analyzing the $BCH chart we can see a high probability of a down trend and hopeful retracement down the fibonacci level and moving averages. My personal trade is as follows: --open short position on 5x leverage at the .0750 level --take profts at P1, P2 --close trade at the golden ratio .619 which also coincides with the 50 day moving average. Gredy trade: --...
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we see a descending triangle at bch-xbt. with the closing under the blue support area, I am planning to opening a short position. the target is as shown
We have BCH breaking out and consolidating. There are multiple patterns and supporting price action at many levels. Zooming out on the daily again presents a very strong case to acquire and HODL I have labeled basics to paint a picture for you. Research BCH and analyze your risk. Regardless of recent bad news, remember BCH transactions are faster and cheaper than...
Whats Up Guys, Im trying to make a quick scalp here. I Entered long BCH Bitcoin Cash. 15x Leverage Looking to trade at the target area listed on the chart. Make sure you adjust your values if you're trading BCH/BTC (Bitcoin Cash / Bitcoin) vs a specific Pair like BCHM18. Stop Loss - Red Line Target Area Boxed Out. Good Luck. See you on the trading floor....
- Going to start building a Long position at green line - It should keep dipping below this line - Ill build bigger as it dips and load up for bounce - Price is strong right now - Should see good bounce
(this is my first published Idea on tradingview so please be kind :) ) yes I know there is too much stuff on this but that's how I work, now look at the RSI waves synchronized with breaking the long term resistances one after the other. The pattern is beautiful and there is only 1 last to break to enter bull mode. Also notice that each RSI wave is synchronized...