BCHUSDT wants to retest 460$ after the price bounced on the 4h support. IF the price will lost the support and the trendline, According to Plancton's strategy (check our Academy), we can set a nice order
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily...
Hi, dear friends, hope you are well and welcome to the new update on Bitcoin Cash (BCH).
Previously we had a nice trade of BCH:
Now this time, on the 4-day chart, the price action o BCH has formed a bullish Shark pattern. The priceline has already visited the...
With BTC's outlook getting more bullish by the day, it's time for alts to regain some of their lost value. Furthermore, alts are greatly helped by a falling dominance at the moment.
BCH has recently broken out of the channel. Looking at BTC, I think we're going to see some consolidation before a big break out, making this an ideal time to invest in...
BCH is approaching a key area where we will find out if we're still continuing to be bearish or if we'll have some sort of reversal. The key are to focus on is the 450-500 area where we have a recent bottom.
If price action shows bullish pressure, we can find entry reasons such a break of the wedge pattern.
BCH is breaking out of this symmetrical triangle formation towards the upside, although we are currently just below this horizontal resistance, for this setup to be valid we need to see a 4hr close above this zone then on the retest we can look to enter.
targets 90% is true .
in this chart there is 3 things that might happen .
But still the targets are the same
The probability of breaking the support should be small.
But when main supports breaks makes panics then price crash for hours !
The formation of a rectangle and the side space inside it and passing through each side, determines the continuation of the process. Most of these rectangles in this position are ascending charts and can reach two important resistances. After the orange inflatable box, you can think of more mountaineering (namely 2400 hits).
In the lower time frame, the points of...
📉 BCH/USDT | Potential Downward Movement
💡 Sell Limit Order @ 562.69
🎯 Target Profit 512.27
🛑 Stop Loss 587.68
❌ Do not risk more than 1% of your account on each trade
The coin succeeded to break the continuation patter or the bearish flag to the downside. A correction might be seen to the strong resistance (highlighted zone) before a move...
We can start accumulating BCH at 2 zones : 800$ and 900$ zone.
BCH can generate new rally up to 1300$, 1700$ and even 2000$ in June
-Buy: 900-940$. SL if B
-Buy: 1270-1330$ if A. SL if B
-Sell: 1270-1330$. SL if A
-Sell: 1660-1740$. SL if A
-Sell: 1950-2050$. SL if A
-Sell: 900-940$ if B. SL if A
-Buy: 780-820$. SL if B
-Buy: 680-720$. SL...
Call me crazy, I am buying BCH to HODL for few weeks in anticipation of their Smartchain launch scheduled next month.
BCH has been in acommulation stage for weeks, and the price is tempting as confirmed by FIB R.