Several resistance levels in the price of BCH (Bitcoin Cash) have now transformed into support levels. The closest support level for BCH is believed to be around $210. If there is a positive response from buyers at this support level, it is expected that they will make another attempt to drive the price back up towards the resistance level of $300.
I’ve been watching SET:BCH closely and it has become extremely bullish but also people are HODLing harder than ever. There is a noticeable decrease in selling pressure after the 250% gains, and I believe we are primed for an increase in buying pressure and volume. Fibs will show levels SET:BCH can touch, although, it is holding very strong so it may never...
Atleast 600 percent profit can be potentially earned if we enter BCH trade.
Hi guys, let's review the current situation on Bitcoin Cash. It seems that Bitcoin Cash continue rally is coming to the end and probably we won't see any big green candle on weekly chart. In my previous post I indicated that last couple weeks there was extremely high volume on weekly candles and often it may indicate on changing direction, at least short term....
After breaking out of a symmetrical triangle, the price pulled back offering a short stop entry opportunity. Target: $297 Stop: $278
I've heard that a number of "Chinese Partners" and even their wallets were directly involved in the formation of the Ethereum Foundation. Whether that's true or not, the reality is that too much of today's digital currencies are connected to the Chinese Communist Party, and that's a big problem for long term bulls when the United States and its allies are talking...
Right now BNB is a coin that reminds me a lot of the Bitcoin Cash chart just before it broke the 200 daily MA and exploded 200% in price days ago. The market structure is eerily similar to the year long accumulation BCH went through and like a tender smoked roast, BCH cooked on low and slow for a whole year boring traders to sleep before BOOM, a break above the...
Frankly speaking, Coinbase is a stock you actually want to keep a careful eye on, because as the US/International regimes fully integrate digital currency, Coinbase is quite likely to be a key organ of the network. But for now, this thing is worth $14 billion still and at a time that the crypto market is doing really poorly, Binance and Tether are ticking...
The current generation of digital currencies are something I really implore you to lose all faith in. At this point in history, they are old, and have been corrupted by various factors using the "Embrace, Extend, Extinguish" technique. In the short term future, the existing cryptos will be significantly marked down as a result of Central Bank Digital Currencies,...
Watch the breakout zone. The idea is that we come and short until a resistance in the 273 area. And especially pay attention to the FUD/FOMO. 🚀 If you want to help me here, please follow me 🚀 ✅ Random GOLD Wins Idea ✅
After an incredible run is trading under resistance, no long before it flips 307, if u want a trade, short now with 275 retest as target, tight SL though. NFA
Bitcoin Cash with ticker BCHUSD is one of the first weaker ALTcoins with a massive recovery away from the lows. In the 4-hour, we are tracking wave 4 correction after a completed an extended wave 3. It's bouncing sharply and strongly from projected support after a three-wave (A)-(B)-(C) corrective setback in wave 4. So, seems like wave 5 is now underway that can...
Bitcoin cash technical analysis basically on elliottwaves Princiles and RTM priceaction strategy bitcoin cash can be pullback to minot wave 4 support and then grow to Tringle e waves of wave x wait and watch.
Hi, dear friends, hope you are well and welcome to the new trade setup of Bitcoin Cash (BCH) with US Dollar pair. On a 4-hr time frame BCH is about to complete a bullish BAT move for the next price reversal. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Hi guys, let's review the current situation on Bitcoin Cash. Bitcoin Cash continue to crash all resistance levels one by one and aspire to the moon. For the last couple weeks BCH price increased by over 200% and trading above 300 at the moment. To be honest I didn't expect this huge rise and it was very much surprising to me. Overall, I expected that BCH will...
BCH and LTC usually maintain a certain distance from each other, with LTC rising ahead over time. And now we have a situation in which BCH has risen very quickly and has begun to challenge that BCH/LTC relation. Now we have a situation in which BCH must either come down in a dramatic way or LTC must go up in order for the distance between the two to close again,...
BCHUSD hit today the MA200 (1w) for the first time since the week of January 3rd 2022. This represents so far a massive +200% rise in the last 2 weeks. The RSI (1w) is deep inside the overbought zone but so it was in January 2021 during a rally similar to today's. Trading Plan: 1. Buy after the first red (1w) candle. Targets: 1. 735.00 (Resistance 2). Tips: 1....
hello guys... There is such thing as a free lunch :) as you can see bch broke the descending wedge after that did a sharp move and at the same time, it broke the previous resistance level If the price retraces to $174 level you can get a long position and hold it until $316! _______________________________ always do your research. If you have any...