BCH Bitcoin Cash: 1D & 1M Chart ReviewHello friends, today you can review the technical analysis idea on a 1D and 1M linear scale chart for Bitcoin Cash (BCHUSD).
See the Bitcoin Cash price on the 1M (left chart) and 1D (right chart). On the 1D chart there is a ascending triangle bull flag forming with the measured move around the 0.50 Fibonacci Retracement area (on 1M chart). 200 SMA, RSI, and Ichimoku Cloud are included in the analysis.
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Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
BCHUSD
BCHUSDT - Long Setup!
BCHUSDT (1D Chart) Technical analysis
BCHUSDT (1D Chart) Currently trading at $360
Buy level: Above $361
Stop loss: Below $270
Target 1: $400
Target 2: $452
Target 3: 529
Target 4: $650
Max Leverage 2x / Spot Market
Always keep Stop loss
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BCH/USD - Resurrection from the dead. PUMP time! 🤣BCH has been dying since May 2021, but now it is time for resurrection. Easter is coming so the timing seems very good. 😅
After a prolonged downtrend which formed a large falling wedge, BCH has its FIRST real chance to break away.
Price is currently moving quickly to the key resistance at $380 which coincides with the edge of the wedge.
A successful breakout there and retest of this level as support can take BCH to the next key resistance at $465.
The indicators support a bullish bias. MACD, RSI and OBV are all bullish. This latest candle was on strong volume. If BCH can sustain this, then fireworks can happen.
Bias is bullish right now, but don't dismiss a possible rejection at $380, before the real break can take place.
Patience is key, but this chart looks primed for some sustained gains in the future. Can BCH return to the spotlight?
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BCHUSD : There is a potential double bottom in day chart!On the left side is the 4h timeframe
The price hit the TP1 : 342.4 and the next TP as below
TP2 : 349.6
TP3 : 364.9
On the right side is the day chart
If the price hit the TP3: 364.9 and stand firm ,that will make the potential double bottom confirm!
And the TP as below
For day chart
TP1 :390.7
TP2 :402.1
TP3 :426.4
TP4 :455.8
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Bitcoin Cash how to earn guaranteed x3On the chart, I put the line at number one, this is the line that would allow past investors to earn money guaranteed by waiting for the price equilibrium. The current equilibrium is on the line designated under number 2, buying now and waiting for the price to go to that point, we are guaranteed to make a profit. In this case, only delisting of the coin and nothing more can interfere
TS ❕ ETHUSD: in the rangeFor Ethereum, in the near future, it is assumed that the price will move in the range of 2812.30 - 3082.35.
BUY scenario: The entry point is supposed to be from the level of 2812.30. A close lower would see further decline towards 2645.30.
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Remember, there is no place for luck in trading - only strategy!
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Bitcoin Cash Long-Term Ascending Channel Since 2018We have a very clear and strong ascending channel for Bitcoin Cash vs the Dollar (BCHUSD)... Join me in reading this chart.
The All-Time Low was hit in December 2018 for this Altcoin trading pair.
Ever since this low, a new uptrend has developed.
We have signals pointing to the end of the current correction which can lead to a new bullish wave ending in a higher high since so far we have a higher low.
You can find additional information on the chart.
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Namaste.
💡Don't miss the great buy opportunity in BCHUSDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (328.0).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BCHUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 69.
Take Profits:
TP1= @ 347.2
TP2= @ 360.8
TP3= @ 373.1
TP4= @ 384.2
TP5= @ 396.5
SL= Break below S2
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💡Don't miss the great buy opportunity in BCHUSDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (328.0).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BCHUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 68.
Take Profits:
TP1= @ 347.2
TP2= @ 360.8
TP3= @ 373.1
TP4= @ 384.2
TP5= @ 396.5
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
BCH weekly chart still Intact?BCH on the weekly chart is still intact. The DeMark 9 indicator reads
it has hit the bottom.
If BCH can get some buying volume, it has to break the Hull Suite Indicator
and it then can move up to above trendline and
pursue its way to previous 2021 Highs at $1600. BCH must not break support
at $336 and then $248, I dont believe it will happen but the RSI is at the bottom
of the trendline as well.
TS ❕ GALAUSDT: long to 0.44335As expected, the impulse up will increase for this coin as well. Fixation above the area of 0.30305 - 0.34180 will give good ground for buyers.
BUY scenario: In the above area, it is supposed to search for an entry point to buy. Cancellation of the long idea will close the price under the given area. The growth target lies at the resistance level 0.44335.
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
TS ❕ BTCUSD: impulse up At the moment, it is unlikely that anything will stop the price on its way to 42613.32. Approximately already in this area, buyers will be rebuffed and the price may fall.
BUY scenario: This long assumes a minimum stop loss and a target at 42613.32. You can take the risk/reward ratio for this trade as 1/3 or 1/2.
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
TS ❕ ADAUSD: upward breakoutThe upper limit of accumulation has been broken and now we can expect the price to approach even higher. It is assumed that the price will fix above the level of 1.12496070 and go up to the nearest resistance.
BUY scenario: Buying can be done from the current ones with a small stop loss, this setup allows you to do this. The purpose of this small long lies at the resistance 1.26026152.
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.