During the previous month, Bitcoin Cash (BCH) has responded to two distinct resistance and support levels depicted on the chart, resulting in the formation of a range channel within the 4-hour time frame. In order for the price to break out of this channel, it is necessary for the daily time frame candles to close above the $120 mark, with robust bullish candles...
🌞 Bitcoin Weather Report 🌞 The Bitcoin chart index for the past hour shows promising signs, indicating a sunny forecast for the Bitcoin world! ☀️🚀 Let's take a look at the key indicators: - Open: 27111 - High: 27216 - Low: 27033 - Volume: 27670 - Close: 27166 The Bitcoin market has experienced relatively stable trading activity within this hour, with a slight...
Company: Bitcoin Cash Ticker: BCH Exchange: Binance Sector: Cryptocurrency Introduction: Hello, and thank you for reading this analysis. Today, we are examining the weekly chart of Bitcoin Cash (BCH) on the Binance exchange. Our attention is drawn to a consolidation phase that is taking the shape of a Rectangle pattern, suggesting potential reversal from the...
Today we want to focus your attention on the global chart of the BCHUSDT trading pair. It was a "very hot summer" in August 2017: the altcoin season was in full swing, and then there was the first historical BTC fork, which resulted in bitcoin holders receiving free BCH 1:1. All of the following eight BTC forks that were realized on "the hype" with an obvious...
Market maker applies similar parr terns, because the market is a complex mechanism with rules. Within the framework of the set rules there is not much variation in the actions. A new trading method - "m-maker reading".
After price found the support at 61.8% Fibonacci retracement level, we could see quite a strong demand. Right now price has corrected down, offering yet another opportunity for buyers.
Potential Bullish Entry Dow Theory In Place - Higher High and Higher Low Expected in Place Formation of Harmonic Bullish reversal Pattern coupled with bullish divergence at potential reversal zone (PZR) Entry at the new HH SL & TP Levels are defined.
Past Performance of Bitcoin Cash BCH prices remain wavy inside a bull flag from the range defined from December to April 2022. For now, traders can look to ride the uptrend from a top-down preview. However, this will largely depend on the reaction of prices at around HKEX:136 , marking March and April highs. On the lower end, support is at around $130. ...
EMA shows us that the trend has changed and is going up. The target is 150
It's very dangerous to be bullish on digital currencies. Although the idea that there's some kind of "decentralized" alternative to the central bank fiat and credit card system of monetary control is very romantic, the reality is that mining cartels, which are heavily concentrated in the hands of entities associated with the Chinese Communist Party, run the...
Descending channel Breakout Has already Confirmed Now Waiting For Now for More Safer Entry Waiting for range To breakout to the upside Rsi Also Printed Massive Bullish Divergence Incase Of Range Upside breakout expecting Massive recovery In coming Weeks Or months our expected targets 276 410 & 800 This Type higher Timeframe entries Have Low Risk With high Rewards
Bitcoin Cash is looking good and we have two targets for this one. The first stop should happen relatively fast and that's around $180. The last target for this wave can happen around $213. Now, this is just the potential target and these markets are "unpredictable" or hard to predict. One can always predict the direction with a very high level of accuracy but...
The Finance Stability Board said today that many stablecoins won`t meet the requirements stipulated in its recommendations for cryptocurrency asset regulation. This could have have ripple effects in the entire crypto industry! My price targets for Bitcoin Cash BCH are: BCH/USDT short Entry Range: $147 - 153 Price Target 1: $138 Price Target 2: $119 Price...
As it is shown, the price touched a bearish trendline several times and it is more possible to break the trendline upward this time. But let the price passes the trendline or support line then enter to a position.
Hello Dear friends Currently, the positive divergence of the RSI combined with the downtrend line on the daily time frame has strengthened the possibility of completing a bearish wedge pattern. To form an upward trend similar to the drawn scenario, we have two conditions: the complete consumption of the $108.9 range and the maintenance of the $87 range. If the...
BCHUSDT Idea | BCHUSD| Bitcoin Cash vs US Dollar | Bitcoin Cash vs USDT ✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view, And only some of these analyzes are my actual real trades. I hope Traders consider I am Not responsible for your trades and...
#BitcoinCash has clearly finished it's consolidation phase for the last part of 2022 going into the start of 2023, with a huge Long trade breaking several smaller resistance levels. Now we're looking for #BCH to bust through one final level of resistance and give us another massive trade of up to 80% If you enjoyed or agree with this idea - drop us a comment,...
Finding myself intrigued by Bitcoin Cash. We recently hit bottom a 2nd time and have thus far begun moving up, breaking out of a small falling wedge (on the non-log daily chart, the logarithmic weekly chart is what is pictured above, but it still has the wedge and targets from the daily non-log chart). Why am I intrigued, outside of a potential double bottom? ...