Bitcoin Cash is trying to reverse from the daily support zone of $377-$395. A bullish reversal from this support zone will result in a move to re-test $435-$451. A bearish break-out of $377-$395 will push BCH price lower towards $341. Intraday Chart The BCHUSDT 4-Hour chart is trying to escape bearish zone and get back to above $389. ...
BCHUSD should continue upwards It has formed a strange structure with two shoulders on each side and a head. Resembling a inverted H&S pattern. Great real world application coin. Bullish
◉ Preferred count ● COINBASE:BCHUSD ,🕐TF: 1D 🔮Forecast from 01/24/2022; Fig.1 ● COINBASE:BCHUSD ,🕐TF: 1D 🔮 Forecast from 06/21/2023; Fig.2 ● COINBASE:BCHUSD ,🕐TF: 1D 🔮 Forecast from 03/05/2024; Fig.3 The assumption that the primary wave ④ could take the form of a large triangle was put forward as early as May 2021 . Inside the triangle,...
Hello, dear friends 2024 is definitely an exciting year for crypto. I hope you stay (: We see one of the attractive currencies. Considering the use of the resistance range of $274, we expect the price to grow up to the specified range. The price area of $251 and $226.5 are our low risk areas What do you think?
BCH, has been consolidating at the 240ish range for a few days now. Price has been moving horizontally with thin volatility suggesting a firm support at the current levels. It's currently at the 38.6 FIB level -- a first level support for buyers. On Daily histogram (top indicator), it has recorded its first bottom-wave shift line after almost 7 weeks. Last one...
Bitcoin Cash with ticker BCHUSD made a strong recovery back in July of 2023 which might be wave (III) because a slow down from $330 is overlapping, thus it can be a correction, so ideally that's a wave (IV) retracement, meaning that uptrend for wave (V) can still show up on a daily chart with space up to 400-500 area. We are actually tracking a bullish triangle...
The BINANCE:BCHUSD.P is moving within a parallel channel on the chart. I have marked my target on the graph. Like and comment if you find value in our analysis. Feel free to post your ideas and questions at the comments section. Good luck
Hi everyone, Bitcoin Cash price increased on 100% on this week and has reached 475 - 530 resistance area. Bitcoin Cash didn't notice 380 - 420 resistance area but now this area might serve as support and BCH price can consolidate there before another pump. In case if BCH price continues to pump it can reach 700 resistance level and afterwards retrace to 475 -...
The graph is logarithmic.Time frame is 3 days. Secondary trend. The wedge is in the final phase of its formation. The price is in its band near the support area of 96. Local double bottom 72% may be formed inside the wedge. Its confirmation and embodiment will bring the price closer to the wedge resistance breakthrough (red line). The price is near the area of...
Bitcoin Cash ( CRYPTOCAP:BCH ) has witnessed a remarkable surge in value and mining power, signaling a resurgence in interest and confidence within the cryptocurrency community. Despite originating from the same roots as Bitcoin (BTC), BCH has carved its own path, fueled by debates over block size and scalability. Let's delve into the recent developments...
BCH has been a one way trade since those heady post fork in 2017 But at this point time there is an argument to be made in having a punt u got a fairly low defined risk --- where u must exit and call it a loss but there is upside potential , that suggests the risk may indeed be worth it. Higher low , excellent pull back into a fib reload zone gotta Risk...
This trade activates at $298 with a stop probably around $255 Most people eat the garbage idea that bitcoin is decentralized, while ignoring or not knowing, that it is a dictatorship by ''Bitcoin Core group''. No currency is truly decentralized in the decision-making of its design. Be safe.
In a surprising turn of event, Bitcoin Cash ( CRYPTOCAP:BCH ) soared 40%, driven by anticipation for its halving event and the implementation of an adaptive block size limit algorithm, signaling strong investor confidence and a bullish outlook for the cryptocurrency. Significant Price Rally as Halving Approaches Over the week, Bitcoin Cash ( CRYPTOCAP:BCH )...
Hi everyone, Bitcoin Cash managed to stay above 200 price level and now trading above 200-220 support area. At the moment BCH is looking exteremely bullish and most likely it will touch lower boundary of 265-290 resistance area. At this point I see that BCH can trade within 265-290 area but don't think that it can rise higher than that. It also depends on if...
💎BCH has recently demonstrated significant market dynamics, currently facing a key resistance area. 💎 A successful breakout above this resistance could lead to a significant upward movement, probability reaching our target area. 💎 However, if BCH fails to break this key resistance level, it may face rejection and retreat towards the demand area around $289....
💎 BCH has recently exhibited significant market dynamics. Currently, BCH is in the process of climbing upward and is testing the resistance trendline of the ascending channel, which probability coincides with the Bearish OB and supply zone. 💎 If BCH fails to break above this resistance, the price may retreat to the support trendline area. Historically, BCH has...
Trading is slower recently with less than usual decent trade setups. But this looks like a good setup. With VRVP supporting current price with high volume and this coinciding with the bottom of a larger up-trending channel entry here is nearly as good as we can expect. Additionally, our daily RSI is in a fair range. We do have some resistance to get through. 237...
BCH is strong and is rising, while BTC is currently down. Why is that? If we take a look at the price action, we can see that it very much differs from the BTC price action in many ways. We have had a range that broke up, and the price is currently almost at the previous major swing high from June 2023. My Elliott Wave count suggests that we should see a huge pump...