I Think BCH go Down to completed Wave A at Price 1000$ on 10 DayI Think BCH go Down to completed Wave A at Price 1000$ on Next 10 Day
XBNUSD trade ideas
BCH fall repeat from February The exact pattern is repeating. If you check the percentages, the number of days- we’re about to have a crash tonight. I hope not, but the pattern is identical.
Bitcoin Cash upside potentialChart is self-explanatory. Look at monthly for 2017-2018 support/resistance range.
BCH looks like it is almost ready to head back up there.
DYO - this not financial advice.
$BCH & FibsNOTHING has changed during this mild correction. We have simply rejected at the .382 Fib, or better stated at $1677 area. Once we clear this hurdle, we get have some real fireworks. My focus is not on the daily noise, but simply follow the charts. There is NOTHING in the $BCH chart that says sell. Period
BCH Potential BreakoutIf it continues down the pattern in between the white lines, expect a breakout near where the arrow points. Wait for a clear breakout to buy-in. If it goes bullish, my price targets are there. If it goes bad, it could hit the red line. Although I am very confident it will go up.
Can BCH break higher?! BCH has been really tricky, but shown some signs that it wants to move higher. Right now I keep seeing support on a very small sub harmonic- that should play out. It also is preventing the associated crab pattern from completing the C leg which is a bull type of setup. If price continues to hold above then this goes higher. Follow the purple lost motion line.. it serving as an excellent diagonal support line. If price goes below the purple than we may find support at C leg of the crab pattern... if not look for higher prices and they will come fast. There is a bigger pattern to the far left that has not completed so prices could go higher than where I have marked right now. The key is to watch price action above purple dotted line.
**WARNING there is a strong resistance mark- red line- and this holds true for the major pattern as well as the sub pattern.. so watch for possible resistance here to the downside. (this would mark a triple top on the price action). If we cannot get higher this would be bad for LONG move.
Summary- stay above purple line.. and red line- we should go higher! Anything rejects on these we go lower.
Short term target for BITCOIN CASHWe will most probably break to the upside today due the RSI being so low in the 30min time frame. but if the support line does not hold, a buy target should be around 1030-1100 USD.
Long on Bitoin Cash - Realistic Target 8000-12`000 This is the fourth cycle in Crypto-currencies. Each cycle has a 3-4x of previous high.
The Third Cycle was in December, 2017; BCH ATH was at 4000 US Dollars, Bitcoins was at 20k, ETH 1.6K, LTC 360 US Dollars, ETC was at 44 USD Dollars.
Bitcoin, ETH, ETC went already 3x from previous ATH, LTC just went over the previous ATH, while Bitcoin Cash against BTC last week after a year and half, showed a BUY SIGNAL in SUPERTREND indicator and that lead to a price being pumped for 50% and at the same time, BCH went over the EMA RIbbon against BTC.
BCH against USD is also very bullish, the first resistance is 1,5k, second resistance 2,4k and third 4k.
My personal realistic target is 8-12k within 2months, we could see a price even higher but it is dangerous to wait. I will personally sell at the range of 8-12k.
Altcoins Update: BCHSince the previous post got hidden because of house rules. Here we go again:
Volume and Price action shows:
Target 1: 2627
Target 2: 6055
Target 3: 16957
P.S: Anything I say or do, should always be taken with a pinch of doubt. You might make or lose money based on my opinion, but you are solely responsible for your own actions. I am not your financial advisor!
bchusd analysis#BCHUSDT is preparing to go upper than 2000$ after that we can rest 2-3 month for the last rally this year
BCH worth Paying Attention to even NOWGood day fellow traders,
Even dough BTC is doing its own thing. For a quick day trade, maybe a swing its worth looking at BCH here. There is some nice consolidation the last days, with less volatility than most other alts relative to BTC .
This could indicate strength, somebody is still buying, even if the larger market is selling in crypto.
Buy at the bottom of that channel $1300 area followed by a sharp SL.
Pay attention to the resistance zone! When you are in the right position you should be in profit by then.
Monitor the daily candle tomorrow for more confirmation of the strength and bullish momentum.
Levels indicated on the chart,
Good luck to you all
This is not financial advice
BchI was flipping bearish. Still not sure how it’ll play out. Only becuase of flat bottom and I’ve seen this chop break down in the past. I don’t want to be faked out again. It is testing resiatnce now.
MY MINIMALIST CHART ANALYSIS FOR $BCH$BCH- TRON ON A DAILY CHART
5.8.21 0346H +8 PACIFIC
MY PRACTICE MINIMALIST ANALYSIS
ENTRY AND EXIT POINTS FOR A SWING TRADE
Note:
This is not a piece of financial advice.
I am a student and this just a practice.
Adjustments will be made in
accordance with The Dynamics of the
Market along with Trading Psychology.
Postings most of the time is delayed as it
takes time for me to finish on several
analysis of assets.
Updates will be posted religiously if time
permits.
BchBe cautious. Hidden Bearish divergents on daily. Daily MACd cross rolling over. We may lose this 1222 support I’ve been talking about. Low target eithe 1085 or 1100. In flipping bearish since we have been rejected so often by this 1600$ level. Losing buying pressure. I’d be cautious over the next week or so...
Bch!Backtestinf breskout. Let’s see if it holds as new support !!! Need to stay above as low as 1420 in my opinion to confirm
BTC Cash Greetings Traders this is my Analysis for BCHUSD and it is Long.
On the chart we can see that the price after the downtrend near the Support Line has experienced a pattern of Strengh and it started a Uptrend Movement.
We should have about two targets to obtain on the chart.
It has started to accumulate for a future Uptrend Movement.
Traders please make your own analysis before trading.
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Bitcoin Cash broke nearest resistance (1450.00)Price is testing this level as support now. I'm waiting that BCH can pull back and start growing. If this will happen, we will have good signal to open new long position. I think that price can reach next good level (1620.00) or even go higher.
