Hi guys, let's review the current situation on Bitcoin Cash.
Bitcoin Cash broke 200-220 resistance area and now aiming to 265-290 resistance area. BCH is looking much stronger than Bitcoin and if BTC is going to reach 28k than Bitcoin Cash most likely will be trading within 265-290 resistance area. At this point I don't see BCH plunging deeper than 220 price...
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...
Hello colleagues!
While bitcoin is once again stuck in a narrow consolidation, we have found an interesting short-term trade that we want to take.
After a successful local growth wave on September 11, the BCH price began a correction. Since 22 September, sellers have twice updated local lows. However, they failed to gain a foothold below the $205-207...
Bitcoin Cash (BCH) technical analysis:
Trade setup : Bullish breakout from Channel Down pattern and above $200 resistance, with big volumes, could signal that the price is finished with consolidation, the supply from sellers has been finally fully absorbed and price can resume its long-term uptrend. Price could revisit $250 resistance.
Pattern : Price was...
Bitcoin Cash (BCH) technical analysis:
Trade setup : Bullish breakout from Channel Down pattern and above $200 resistance, with big volumes, could signal that the price is finished with consolidation, the supply from sellers has been finally fully absorbed and price can resume its long-term uptrend. Price could revisit $250 resistance.
Pattern : Price was...
Hi guys, let's review the current situation on Bitcoin Cash.
Bitcoin Cash reached upper bound of 200-220 resistance area on the news that Grayscale won case against SEC. This didn't last long though. Basically on the next day all optimism gone from the markets and price started to plunge again.
Unlike Bitcoin, which returned to 26k, Bitcoin Cash stayed within...
Bitcoin Cash (BCH) technical analysis:
Trade setup : Bullish breakout from Channel Down pattern and above $200 resistance, with big volumes, could signal that the price is finished with consolidation, the supply from sellers has been finally fully absorbed and price can resume its long-term uptrend. Price could revisit $250 resistance.
Pattern : Price was...
Hello dear traders!
BITSTAMP:BCHUSD appears to be mirroring its 2019 price action closely. 📈 There's potential for further upward movement towards the $297 and $463 levels. These price zones align with the ascending Fibonacci channel and historical support/resistance areas.
The $200 support level holds significant sway, a pivotal point for both bulls and...
A 2 hour chart of Bitcoin Cash / BCHUSD forming an ascending triangle pattern. Already broke out previously, only to retrace and return inside the triangle. Might see another breakout soon.
A similar pattern can be seen on dogecoin on the 4hr chart.
💎Yello Paradisers! Get ready for an exhilarating journey with BCHUSDT. Right now, it's comfortably positioned in a demand zone, hinting at a potential bullish surge.
💎Currently, BCH is holding onto a crucial support level, moving within a specified boundary. A bearish order block has posed some challenges within this territory.
💎The momentum seems to be...
Hi guys, let's review the current situation on Bitcoin Cash.
In my previous post I indicated that if Bitcoin falls under 28k then Bitcoin Cash drops under 200 level and that's what happened here. Bitcoin dropped up to 25k and Bitcoin Cash almost touched 160.
As it shown on the chart BCH almost touched upper bound of 160-145 support area and I think that now this...
Hello Paradisers, turn your attention to this token!
💎 BCH, also following BTC's sharp decline to $24k, has breached its demand zone.
💎Currently, BCH might rise to form a new leg before either continuing its descent or heading straight to the Bullish Order Block or untouched demand zone.
💎Typically, a fresh demand zone witnesses a strong bounce-back, given...
Hi Everyone,
BCH is now coming back down to close the imbalance that had been left once it broke swing highs last year.
There is an order block sitting around 140, which should be the area to watch out for your buy limit orders.
I expect price to continue falling to that area and I will start opening buy positions once we see confirmations that the Order Block...
Hi guys, let's review the current situation on Bitcoin Cash.
Bitcoin Cash just reached my main target at 200 price. This is lower bound of 220-200 support level. In my previous ideas I indicated that it's very likely that BCH will touch that level. It took some time but eventually Bitcoin Cash has reached 200 level.
Now there are view options how BCH price can...
Hi guys, let's review the current situation on Bitcoin Cash.
Bitcoin Cash just broke it local support at 235 price level and almost touched upper bound of 218-200 support area. As I indicated in my previous ideas I wait 200 price level after which there might be some correction phase. Before BCH will reach this level I don't expect any significant correction....
Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the BCH symbol.
The green box target is still standing. We are looking for short transactions in the red box
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any...
BCH/USDT Technical Analysis - Potential Breakout Ahead
Hey Crypto Enthusiasts!
Let's dive into an insightful technical analysis of the BCH/USDT trading pair, exploring recent trends and potential future moves for Bitcoin Cash (BCH) in the crypto market.
June's Phenomenal Surge
June was nothing short of thrilling for BCH holders, witnessing an incredible 260%...
Daily chart
Bitcoin Cash BINANCE:BCHUSDT increased over 260% from 10 Jun 2023 and it's trading around 252 now
I spot a Bullish Flag Pattern for next move and it's completing
Need a breakout to confirm that pattern
I'll update
