BCH Bitcoin Cash to test the support lineBCH Bitcoin Cash is close to test the important support lines and most likely it will.
What is the utility of those Bitcoin forks anyway?!
Aren`t they useless?
Trade ideas
BCHUSDT Market AnalysisNow is the consolidation after a freefall. The lowest price touches 265 which means the market price now only covers 8 percent back.
Blitz bear: With the selling, the pressure keeps going on after this short-term consolidation, we might still head down to test the previous low again.
Blitz Bull: Lots of people still want to buy at the dip and it's a good time to expect a decent rebound, normally would be 2/3 (around 338).
BCH ShortRegarding to the market trend, and the H&S pattern of BCH it seems that BCH will crash down to &$300s Support level which is a strong support zone on weekly timeframe
Enjoy short
It is a personal idea and I am not a financial adviser
BCH/USDT Bitcoin cash Smart money 💰
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Join the race , get satisfied 😌
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BCHUSDT Market AnalysisBTC has reached a key support level, and BCH approached the low price of 344.1 that a slump happened on 4th Dec 2021. Looking for the market to consolidate here for quite a while because this price is also the previous resistance level when the price finally surged in Dec 2020. But for a weekly chart, a lower low is inevitable and prevailing emotion has been dominated by bears.
Good time to buy in #BCHAround the 355 - 370 looking forward buy position and the targets is in chart.
One day analysis of BCHUSDTA triangle in a downtrend is doomed to be a bear signal, with pressure getting heavier and heavier, the lower highs and high lows showed it in front of us. The market will choose the direction soon. We can look for a trade when the market broke this triangle or wait for the price to test the resistance level again.
One day analysis of BCHUSDTHorrible time here, everything is dragging down... It's heading to the next major level now, wait for a pullback to short. This is more like a slump so might not give a chance to rebound to the white box. Now just wait and see if it can be supported at the next level ( first blue box) and if not, further down to test the next one (bottom blue box).
BCHUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. Here is the S1 support line which the price has hit several times and was supported. Now also it is ranging close to it. You can set the Buy order at the S1 line and keep the Stop Loss. If it falls below the S1 line, then there would be more falling. You can sell half of your assets at the R1 line and the other half at the R2 line. If it breaks the R2 line then it can see higher prices.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
bch---usdtDue to the formation of the triangle pattern, if the side of the triangle is broken upwards, we are expected to have a price equal to the height of the triangle.
One day analysis of BCHUSDTSeems like we have formed a double bottom in a 4-hour timeframe here. The candle shows very positive feedback of it and now we are retesting a midpoint, and this would be a good entry point if we switch to 15mins.
BCHUSDT Market AnalysisFrom the 4-hour timeframe chart, It is trying to form a higher low, and the price stand firmly here, we are still under an uptrend. In the 1-hour chart, the price just broke a triangle and now is heading down. Either way, the next key support is around 375.
Blitz Bull: Since there's a oversell plus price started to bounce back, the best scenario is a push-up could be happening soon.
Blitz Bear: Still we cannot deny that after the brokedown of the triangle, the big bearish candle shows clearly the lack of confidence of the market, The shooting star also bears it out.
Ichimoku: BCHUSDT Fall below the back test trend lineIchimoku: BCHUSDT Fall below the back test trend line
If you refer to my strategy, please control the possible loss of a single transaction at 1-2%! No matter how accurate, trading is a multi-party game many times a day! If you have a big position, there will always be a wave of wrong market burying your account
The following link has my trading behavior report, which is convenient to understand the profitability and stability of the strategy
BCH analysisSince the market broke the previous resistance level, it became the support area(375~379) and now we have another short-term support(the blue box) . It has been tested twice(15 mins timeframe). Now it's more like a double bottom in this timeframe and we've got what we need to enter the market with a long position.
Bitcoin C(r)ash is done crashing! (BCH bullish rebound)The fake Bitcoin will reclaim the marked zones in the coming days and will spit out enough dry powder to increase our real bitcoin position.
Watch out tho! Bitcoin C(r)ash can go to zero after all!
