BCH looks like it has one more drop to it, perhaps to the 0.886 fibonacci around $130 roughly. It has been channeling nicely, which can help us determine the bottom as we get closer. I circled the Fixed Range volume that I suspect marks where the drop will stop. There is a Demand zone marked in green at this same area too. This will be the end of the retrace,...
Hello dear traders! BITSTAMP:BCHUSD appears to be mirroring its 2019 price action closely. 📈 There's potential for further upward movement towards the $297 and $463 levels. These price zones align with the ascending Fibonacci channel and historical support/resistance areas. The $200 support level holds significant sway, a pivotal point for both bulls and...
BCH broke above 200EMA (1H TF) The price has fixed above 200EMA (30m TF) RSI is moving in the buying zone. I believe that the asset is preparing a reversal zone. The longer we stay in the upper part of the zone, the sooner the rebound will take place.
A 2 hour chart of Bitcoin Cash / BCHUSD forming an ascending triangle pattern. Already broke out previously, only to retrace and return inside the triangle. Might see another breakout soon. A similar pattern can be seen on dogecoin on the 4hr chart.
Are y'all seeing the same pattern I'm seeing? We are experiencing almost the exact same moments back in 2017!!! FIB: -With the 0.236 placed at the top of the first major rally after the final fall, we see this play as an area of support and a correction at the 0.702 Retracement level BOTH in 2017 and now. - Do you think the 0.236 Level will play as a support?...
Shorting opportunity, 15m play, waiting for TD9 confirmation and a red Heikin Ashi candle. Bearish divergence already setting in. Targets 213 and 206.
The asset has fallen under the channel and is now trading in the range formed by a wide descending candle. Trading volumes showed growth on candles with long upper shadows. RSI is moving in the sellers' zone. It is important to watch the price reaction to the middle of the range and the lower boundary of the channel. I believe that the asset will continue to decline.
Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the BCH symbol. The green box target is still standing. We are looking for short transactions in the red box For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any...
We have identified a bearish breakout on the support formed over the market sideways happened under an hourly timeframe, which looks promising for a downside momentum ahead.
Trading volumes declined on price correction. The asset fixed above 50EMA on 4H TF. I believe that the asset will bounce off the support.
Looking for a impluse higher confirming the flip on a weekly timeframe.
Looking for a move higher for Bitcoin Cash . But much higher. Prevailingnine July 21
Hey friends hope you are well, and welcome to the new update on Bitcoin Cash (BCH). Falling wedge breakout: On a weekly time frame, the 15th largest cryptocurrency has broken out a falling wedge pattern. Big symmetrical triangle: After the breakout Bitcoin Cash was not able to continue the rally because of a resistance of big symmetrical...
I’ve been watching SET:BCH closely and it has become extremely bullish but also people are HODLing harder than ever. There is a noticeable decrease in selling pressure after the 250% gains, and I believe we are primed for an increase in buying pressure and volume. Fibs will show levels SET:BCH can touch, although, it is holding very strong so it may never...
After breaking out of a symmetrical triangle, the price pulled back offering a short stop entry opportunity. Target: $297 Stop: $278
BCH has fixed above 50EMA on 1H TF. RSI chart is moving in the bullish zone (4H, 1H and 30m TFs) I think the asset will continue to rise after fixing above the resistance level.
#BCHUSDT BoooooooM 🚀🚀 BoooooooM 🚀🚀 All Targets: done✅ Entry price: 118.4$✅ Price reached : 329$ ✅ Profit: 277% ✅🚀🚀🤑 Are you ready to take your trading game to the next level? Look no further! Introducing BCH/UDT on Binance Spot, the perfect trading opportunity that has consistently delivered exceptional results. Brace yourself for jaw-dropping profits as we...