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Bitcoincashusd

BCH 1D Good news is over, the fall can be...We can be unfounded, but in fact Bitcoin cash is almost the most successful fork in the crypto world. Usually forks, after a few months, lose 99.9% of their value and become useless. BCH fork of BTC which lost 93% of its value from its high $4,000 and is now trading around $300. BCH itself already had two forks recently on 15 November, after which the price shot up. BUT, after each of them, the exchanges delete the history of previous trades. Kraken is almost the only crypto exchange that has preserved the entire trading history. You can conduct a thorough analysis of the trading history, for what we thank it. So, a move could be a positive scenario if the BCH value can rise to the levels $290 and $310. Nevertheless, from below, in the coming weeks, the level $195-200 will attract to itself.
KRAKEN:BCHUSD
by P_S_trade
2
Bitcoin cash symmetrical traingleBCH / USDT 🌟 Techincal Analysis🌟 The price was Consolidating last days and Forming symmetrical traingle The Higher chance it will break it up Why ? Because most tether coins moved recently but bitcoin cash not If breakout upward happens iam sure we can see BCH trading in 3xx$ area easy However break it down then we can see 220-200$ area ( strongest support )and i dont think that will happen unless btc dump (hard) Please have a plan before trading Good luck and happy trading 🌹
Long
by Babenski
4
Bitcoin Cash the hibernating bear - 3x altcoin rally possibleBitcoin Cash has had massive downside after its all-time highs and went deep into the "Bear Zone" down to 65€ but never was able to get over 300€ ever since. I will take a conservative look and see fully possible a 3x rally given the next altcoin cycle will start here soon. There are however 4 resistance levels (237€, 300€, 415€, 615€) to break for BCH to reach the 710€ 4x spot. It will largely depend on if Bitcoin Cash will be able to keep it's Top 10 position by market cap in order to attract enough attention with all the DeFi noise. Of course an 8.5x could also be possible, but given the weakness of BCH since the last cycle it does not hold such a strong market value proposition then e.g. Ethereum.
Long
by CarpeMomentum
Bitcoin Cash - $BCH - Back in Business!WAVE 3 in progress! The best time to buy is now! I'm LONG / BULLISH position. I expect that $BCHUSD will rise up. This would mean that BITCOIN CASH will gain more value against USD. What is the right way? Looking for relevant timeframes, with patience and planning, NO DESPERATION . No one goes into the market thinking they should buy at the high and sell at the low. The problem is that at the moment when faced with the ups and downs of the market, it’s hard to resist the urge to do those things. Trading is all about spotting emotional excesses either to the downside or the upside. You want to be on the right side of those emotional reactions and not the wrong. If you want to win in this market, you need to be COLD and CALCULIST . To the moon is too close, go beyond!!! Well, keep you updated as this timely issue evolves. Good luck! #CRYPTO $BCHUSD #BCHBTC #BCH #BITCOINCASH #ALTSEASON2020 $BTC $BCH $BNB $XLM $EOS $ETH $ADA $LTC $TRX $XRP $IOTA $LINK $XTZ $BTT $XMR $NEO $BTT $MATIC $XMR $MRK $XEM $ONT $DASH $BAT $ZRX $LSK $NANO $REP #altcoins #bitcointrading #BuyTheFear #BuyTheDip
COINBASE:BCHUSDLong
by ferGOD
Bitcoin Cash Price Analysis: BCH/USD Clears The Path To $400 Bitcoin Cash reclaims support above $300 as buyers build the momentum to take down the $400 resistance. BCH/USD faces increasing selling pressure at $310 ahead of the next key hurdle at $320. Bitcoin Cash price hit a wall at $326 in the wake of rallying prices across the cryptocurrency market. A flash drop occurred culminating in a devastating drop to $245 on August 2. BCH/USD spent most of last week nurturing a bullish trend first towards $300 and later $400. For a period of time, the price remained pivotal at $300 with the upside limited at $320. On the downside, support had been established the 50% Fibonacci retracement level taken between the last swing high of $337.80 to a swing low of $235.01. The 50 Simple Moving Average (SMA) has also contributed a lot in keeping the price in check as well as keeping bulls focused on sustaining gains above $300. A break above the trendline resistance during the Asian hours have seen an engulfing candle printed above $300. Bitcoin Cash is trading at $308 at the time of writing. It is facing massive selling pressure at $310. If buyers pull above this zone, gains beyond $320 will become apparent. Technically, the bullish case to $400 is supported by several technical levels from the RSI and the MACD. The RSI has reversed the trend upwards and currently eyes 70. In other words, the influence by the bulls continues to grow steadily. Similarly, the MACD is likely to hold above the midline in the short term but if a bullish divergence comes into the picture, a spike to $400 will become even more apparent.  For now, establishing support above $300 should be among the bulls’ highest priorities as it would encourage more buyers to enter the market, completing their mission to $400. Bitcoin Cash Intraday Levels Spot rate: $308 Relative change: 7.21 Percentage change: 2.41% Trend: Bullish bias Volatility: High
COINBASE:BCHUSDLong
by CoinGape
2
$BCH LONG TRADE IDEA Sometimes when you're in doubt about a chart, you have to really zoom out to a bigger timeframe to understand where the bigger move is coming from. Moves within moves, timeframes within timeframes. Anyways, we can see the 2020 coronavirus crash the price went up to almost $515, which it hasn't came near to since the virus. But now on the daily, we're about to have a 'golden cross' soon sparking interest into the market , and I know a lot of people are watching this same chart. I'm very bullish because of that Anyways BCH closed over $305 monthly resistance and gained that as support, so the next target would be $361 respectively This is a daily chart so don't expect this to happen overnight Thank you all for your continued support, I really appreciate it .
KRAKEN:BCHUSDLong
by kyer
1
Bitcoin Cash: In-depth Breakout Analysis 1D (Jul. 26)X Force Global Analysis: Bitcoin cash (BCH) has been showing signs of reversals through a descending wedge on a downtrend. In this analysis, we take a look at Bitcoin Cash's technical evidence to assess its bullish probabilities. Analysis - To begin with, we can notice extremely extended bullish divergences on the daily, as prices form lower lows and indicators form higher lows - The Relative Strength Index (RSI) shows a steady increase over time, demonstrating increasing trend strength - The Moving Average Convergence Divergence (MACD) also forms higher lows and higher highs as a sign of momentum - The Stochastic indicator also contributes to the bullish divergence formation on the daily, adding weight to a bullish case - Counting Elliott Waves within the descending bullish wedge, we can count Elliott triangle waves (ABCDE) leading to a breakout - The Exponential Moving Average Ribbons are converging, looking to form a potential golden cross - We have managed to close above the 0.5 Fibonacci retracement resistance, providing confirmation of a breakout - Bitcoin cash has also managed to close above the Ichimoku cloud resistance for the first time in many weeks, signaling a potential long term trend reversal What We Believe We believe that the outlook on BCH is extremely bullish based on a plethora of technicals that point to the same direction. This could potentially be the beginning of a long term trend reversal. Trade Safe.
Long
by XForceGlobal
1
BCH/BTC 1D Jul. 25Suggested Entry: 25215 Target 1: 26650 Target 2: 27800 Target 3: 28840 Stop Loss: 24250 The reason why Bitcoin Cash (BCH or BCHABC) is bullish despite having a similar setup to XRP is for two main reasons: - Technical indicators support a stronger evidence for bullish momentum - While confirmation is yet to be provided, it could be argued that BCH has broken out of the descending wedge pattern As a descending wedge pattern in a downtrend is typically identified as a bullish reversal pattern, we suggest a long position with targets leading up to previous historical resistance levels, and a tight stop loss below significant support. Trade safe.
Long
by XForceGlobal
BCHUSD the pattern has been changedHi friends hope you are well and welcome to the new update on Bitcoin cash. Recently a very positive move can be observed on the daily chart that after touching the support at $215 the price action moved up and broke out at $225 resistance again. At this time the price action is retesting the $225 resistance level as support that is really very good gesture because whenever the price action re-tests the previous resistance as supprt after breaking out then there are chances that the price action can move up to the next resistance level rather breaking down the support again. The price action of BCH is struggling at 100 SMA resistance level: If we watch the simple moving averages with the time period of 25, 50, 100 and 200 then still the priceline is struggling at the 100 simple moving average resistance and having support of 50 SMA. If the price action will break out the 100 simple moving average then next resistance of 200 simple moving average is at $170. The pattern has been changed: The price action of Bitcoin cash is moving in a wedge pattern. If we place the balance of power indicator then it can be clearly observed that the power between the bulls and bears is distributed equally. Whenever the balance of power is moving down or moving up the price action is following the signals and hitting this support and resistance levels accordingly. When the balance of power 8th time gave bearish signal the priceline of BCH moved down at support but when balance of power indicator gave bullish signal the price action did not reach at the resistance. And when for the ninth time the balance of power moved down the price action broke down the support of wedge. Therefore now the pattern has been changed from wedge to parallel channel. A big harmonic move: Now I would like to recall a very big bullish gartley pattern that I have shared in my previous articles as well. This pattern has been formed by the protection of Bitcoin cash on the monthly chart. At this time the price action is moving in the potential reversal zone of this pattern. As per Fibonacci sequence the price action can enter the Fibonacci projection of A to D leg from 0.382 to 0.786 Fibonacci levels. And the price targets can be as below: Potential reversal or buying zone: $242.32 to $167.94 Fibonacci projection or sell zone: $300.84 to $441.41 Conclusion: Even though the price action has strong resistance of 100 moving average on the daily chart. But it has also the support of $225 support level and after hitting the support of the channel that has been formed on the daily chart the movement up to the resistance is still due. Therefore we can expect that the price action can move up to the resistance of the channel at least. However, on the monthly chart a big bullish Gartley pattern is showing that the Bitcoin cash will start a long-term bullish rally soon.
COINBASE:BCHUSDLong
by moon333
1
$BCH LONG TRADE IDEA Bitcoin Cash Market Breakdown - July 10th, 2020 Bitcoin Cash hit both of our entry points, and even though the market looks choppy and unsure.. my thoughts are why try and scalp this long play real quick. We understand now that the levels touched are respected and we know where the price is going to float to Entry should've been along $222, even better would've been $213 Anyways, price rejected tough off of our $246 monthly level I believe that if the general stock market continues to rise up in value, that the rest of the crypto market and commodity market will also soar. BCH is currently holding $236 support, but if doesn't have momentum / volatility will come back down and retouch around $228-$230 where the uptrend is. 1st TP again would be an easy $246 2nd TP $252.6 3rd TP $267.6
KRAKEN:BCHUSDLong
by kyer
BCHUSD Has Formed Very Big Bullish Gartley Setup For Big MoveHi friends hope you are well and welcome to the new update on Bitcoin cash. In my previous post I explained why the Bitcoin cash can move down to hit the support of the wedge. At this time the price action is at the support of the wedge pattern now we will try to understand what the price action can do next. The movement within a wedge: Price action of Bitcoin cash is moving within a wedge on daily chart since March 2020. At this time the price action is moved down up to the support. If we watch the balance of power indicator then it can be clearly seen that the balance of power is distributed equally between the bears and bulls. I have also placed the moon phases indicator on this wedge pattern. And we can observe that the new dark moon is appeared above the support of the wedge that is very positive signal. Now it will be difficult for the price action to cross down this level of dark moon. If we watch the volume profile that I have placed on the complete priceline of BCH moving within this pattern then it can be easily observed that the trader’s interest is very low below $225 and from the upside it is very low above $255. So it is showing that the priceline is moving at the level where the trader’s interest is very weak therefore the price action can move up to the resistance from here. Formation of bullish reversal pattern: In previous post we have already seen that the price action of the BCH is forming the different harmonic BAT patterns with the consistency and continuity on the daily chart. First it formed a bearish BAT then it formed a bullish BAT then again price action formed a bearish BAT move as below: now again the price action has formed another bullish BAT pattern. And at this time it is gearing up from the potential reversal zone of this new bullish BAT. This is BAT is a clear sign of a bullish reversal of the price action of BCH. Now we can expect that the priceline will be moved up to the resistance of the wedge pattern to make another attempt for the breakout. At the support: After the drop of March 2020 the price action bounced from the last support of $170 and broke out the next resistance level of $225. The next resistance level would be at $304. At this time the price action is moving at the support of $225 but as all signals are moving in the favor of bulls therefore this time we can expect that the price action will move up to next resistance level to make an attempt for breakout. A very big bullish Gartley formation: Now I would like to take you to the monthly chart where the price action has formed a very big bullish Gartley pattern. At this time the price action is moving in the potential reversal zone of this big bullish Gartley. Now as per Fibonacci sequence the potential reversal zone or buying zone and Fibonacci projection area or sell zone are as below: Potential reversal or buying zone: $242.32 to $167.94 Fibonacci projection or sell zone: $300.84 to $441.41 After watching these targets we can expect up to 160% bullish rallyby this big bullish Gartley pattern. But if the price action will be able to cross up 0.786 Fibonacci projection of A to D leg then the Bitcoin cash can start a very big parabolic bullish move that can lead the priceline to achieve higher than the previous highest price ever in the history of Bitcoin cash. Conclusion: From small time period to long term time period charts all patterns and indicators are turning bullish. Therefore we can expect a bullish reversal move from here at least up to the resistance of the wedge pattern. Note: This idea is education purpose only and not intended to be investment advice, please seek a duly licensed professional and do you own research before any investment.
COINBASE:BCHUSDLong
by moon333
$BCH ENTRY PRICE IDEABitcoin Cash Market Breakdown - June 20th Re-entry price set at $222 support Why? Starting March 24th, this is the start of the uptrend. The price action on BCH touched $267, couldn't break through, and is in the process of bleeding out right now to the start of the uptrend. $222 Let the price continue bleeding out and then make your entry, patience pays in markets like this Impulsiveness will only make you lose money in the end. _________________________________________________________________________________________________________________________________________ Disclaimer The content provided is in no way shape or form financial advice and is subject to change at anytime without notice. As always please do your own research, I am not a financial advisor. Thank you for your continued support!
KRAKEN:BCHUSD
by kyer
3