Bitcoin Cash (BCH) technical analysis: Trade setup : Price is in an uptrend. Following a bullish breakout from Sideways Channel ($218 – $260), above $260 resistance, price rallied 20% to $300, then pulled back to retest that breakout level. Now we wait for price to either 1) break back above $260 to signal continuation of uptrend, with +27% upside potential to...
NYSE:BCH update... #BCH filled the last 15m FVG Lets see if it holds this time... PP at previous high... #trading #BitcoinCash
Trade setup : Bullish breakout from Sideways Channel ($218 - $260), above $260 resistance, signals resumption of uptrend, with upside to $330 next. Stop Loss (SL) at $250 (just below breakout level). Pattern : Price was trading in a Sideways Channel , which is a neutral pattern (indication of market indecision). Trend Traders ought to wait for a breakout in...
Previous BCH halvening (04/08/2020) the price was $267 The upcoming halvening the supply will be cut in half again, so price will need to double compared to previous halvening in order for miner's to stay profitable. Price target of $530ish
Thanks for reading this updat. BCH seems to have a new volume what can get new confirmation in the coming peroids. This updates depending on day trade, And the market should confirm with time the right market way. #Nottradingadvice #For day traders take always profits when market increase #Expect noting from the markets, but follow what it shows.
At the moment, price is still retesting the current midvwap, but as soon as price break below 215$, sells towards 150$ come in play. On the other hand, price can still retest the current high at around 260$, but only if price manages to break above 290$ we shall start looking for buys continuation. Until then sells are more valid than buys, simply because...
Since June 2023, Bitcoin Cash experienced a significant shift from bearish to bullish sentiment following its breakout above the crucial supply zone. The subsequent re-test of this zone turned it into a support/demand area. Notably, the most recent clean rejection at the 50% Fibonacci level during a yesterdays' dump underscores buyer interest at this price...
According to the BCH chart, it looks like a flat pattern has ended with a terminal c. Another bullish wave should emerge. The price targets are clear on the image. Fixing a daily candle below the green range will violate the analysis. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and...
Trade setup : Trends are mixed and price is trading in a Sideways Channel ($218 - $260). Swing Traders can trade the range – Enter near Support ($218) and Exit near Resistance ($260). Trend Traders ought to wait for a breakout in either direction. If it’s able to break above $260 resistance, it could resume its uptrend and revisit $330 level from July. Pattern :...
BCH Pump is Loading After the last Breakout its still in another downtrend weekly trend if it breakout 2 X from here is very likely , keep an eye on it
Trade setup : Price remains in an Uptrend. Pullback to 200-day moving average (~$217) minor support area could be an attractive swing trade entry in Uptrend, with upside potential back to $260. Stop loss at $195. Price has been rejected near $260 resistance zone several times in the last three months, making this a critical level. If it’s able to break above $260...
Trade setup : Price remains in an Uptrend, trading above 200-day moving average. However, it’s been rejected near $250 resistance zone several times in Oct and Nov. If it’s able to break above $250 resistance, it could resume its uptrend and revisit $330 level from July. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is...
BCHUSDT Entry: wait for 235 Marked tp1, tp2, tp3 and sl1 & sl2
Bitcoin Cash (BCH) technical analysis: Trade setup : Price remains in an Uptrend, trading above 200-day moving average. However, it’s been rejected near $250 resistance zone several times in Oct and Nov. If it’s able to break above $250 resistance, it could resume its uptrend and revisit $330 level from July. Trend : Uptrend across all time horizons (Short-...
Bitcoin Cash is showing signs of an upward movement as it follows an uptrend line, hinting at a possible increase in its value shortly. For traders, it's wise to monitor the situation and wait for a daily candlestick to close above this uptrend line before making any trading decisions. If this occurs, BCH could potentially target the key resistance area near...
The strength of the bearers has been taken and the downtrend has weakened A triggerline has been established and we have also had a bullish CH and orders have been received from the DEMAND zone. Price is ready to move towards TP. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
💎 Paradisers, get ready for a promising trading opportunity with BCHUSDT. The asset is currently making significant moves in the demand zone, suggesting a potential shift towards an upward trend. 💎 BitcoinCash has been diligently following a descending channel. Its recent breakout from this channel suggests an upward move towards a resistance level, likely to be...