The BCH/USD weekly chart displays a pattern resembling a giant double bottom. If this pattern plays out, technical analysis suggests a possible price target exceeding $3200. Due to Bitcoin's historical dominance in the market, some consider Bitcoin Cash a "clone" and speculate that its price movements might echo Bitcoin's to a certain extent. This concept is...
Bitcoin Cash: History Repeating Itself? Bitcoin Cash (BCH) is a fork of Bitcoin that was created in 2017. BCH has a history of forming long sideways patterns, followed by sharp breakouts. The pattern: Sideways accumulation: BCH typically spends 200-300 days in a sideways accumulation pattern. Breakout: After the accumulation phase, BCH breaks out of the...
Bitcoin Cash (BCHUSD) is posting a very aggressive 2-week rally but short-term buyers should get too comfortable as it is approaching a landmark Resistance. That is the Lower Highs trend-line that started on the December 2017 All Time High (ATH). The previous Bull Cycle got rejected on that trend-line, guided by a Channel Up, below the 0.786 Fibonacci retracement...
Coinbase, the largest American crypto exchange, is poised to launch futures trading contracts for Dogecoin ( CRYPTOCAP:DOGE ), Litecoin ( CRYPTOCAP:LTC ), and Bitcoin Cash ( CRYPTOCAP:BCH ) on April 1st, 2024. This bold step by Coinbase Derivatives marks a significant expansion of offerings, opening new avenues for traders and investors alike. The decision to...
Bitcoin Cash ( SET:BCH ) enthusiasts and investors are eagerly eyeing the upcoming halving event scheduled for April 4, 2024. With just a few weeks left until this critical network event, the cryptocurrency community is abuzz with speculation about its potential impact on BCH's price trajectory. As miners prepare for reduced block rewards, questions arise about...
BCH looks to be following DOGE, up to first quarter next Coinbase BCH, DOGE, LTC futures narrative heating up BCH pls
Back to 1k level very soon Hodl This is not an advice dyorr Enjoyy
Recently, Bitcoin Cash has been pumping so strongly that everyone is puzzled why. Technical-wise, not important why. The important thing is the pattern or patterns that happened before the pump. There is a pattern that occurs not very often, but when do, a strong wave can follow after that. It's called a double triangle pattern; as in the case of BCH, we can see...
Hello Everyone, BCHUSD has established a solid foundation at its weekly support and is now exploring the daily support thresholds. The key indicator we seek is a consistent positioning above the 1D/1W Pivot Point to affirm stability. In the long run, BCHUSD maintains its status as a favorable investment. TradeWithTheTrend3344
Bitcoin Cash is moving strongly bullish and trying to break through the key resistance zone of $471-$488. A bullish break-out and a daily candle closure above $488 will lead to re-test of $528 and a strong bullish move towards $600. An inability to sustain the price action above $471-$488 will lead to a dip to $435.
BCH seems to follow the bull market rules by perfroming a bull flag breakout "by the book". Folowing the breakout, we can expect the price of BCH to reach as high as $800. As always, please do you research and challenge any ideas :) -LTT
Bitcoin Cash (BCH) is a cryptocurrency that originated from a fork of the Bitcoin (BTC) blockchain in 2017. It was created to address some of the scalability issues of Bitcoin by increasing the block size, allowing for more transactions to be processed at a faster rate and with lower fees. The goal of BCH is to serve as a global peer-to-peer payment system....
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. ...
Hello Everyone, BCHUSD is presently classified as a robust buying opportunity, yet it stands as notably overbought at the moment. Despite recent fluctuations, there's an anticipation of its value experiencing steady growth in the immediate period ahead. TradeWithTheTrend3344
Bitcoin Cash (BCH) is showing promising signs of an impending upward move. money strength indicators are positive, and with volatility increasing on longer time frames, the momentum appears to be building. Notably, momentum waves are converging and pointing upwards, suggesting potential for growth. Additionally, a clear trading channel has emerged, allowing for a...
◉ 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,...
vave 2 in progress next is vave 3 nfa y axis only
Hello Everyone, BCHUSD is consistently advancing, with its trend aligning well with the bullish outlook. It is expected to continue testing the weekly support levels before resuming its upward trajectory. TradeWithTheTrend3344