Resistance at 720ish has already been hit, the sell-off is dying, RSI and Stochastic along with the linear regression channel are pointing towards a continuation upward after a pullback at the 720 resistance. A push above it would give a very healthy run up to just over $800.
Hello Everyone, Despite prevailing circumstances, BCH/USD still presents a promising buying opportunity, supported by the alignment of key support levels. Despite oversold sentiment in the long term, BCH/USD is anticipated to continue its upward trajectory, indicating resilience despite challenges. TradeWithTheTrend3344
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
The BCH/USD weekly chart displays a pattern resembling a giant double bottom. If this pattern plays out, technical analysis suggests a possible price target exceeding $3200. Due to Bitcoin's historical dominance in the market, some consider Bitcoin Cash a "clone" and speculate that its price movements might echo Bitcoin's to a certain extent. This concept is...
Bitcoin Cash ( CRYPTOCAP:BCH ) experienced an increase of nearly 15% in its price after completing its second halving event on Thursday, which occurred approximately 16 days before Bitcoin's halving. As a result of this event, the miner reward has been reduced from 6.25 to 3.125 $BCH. Despite an initial drop before the event, the asset's price quickly rebounded...
5 years of wyckoff accumulation Should reach most of fib levels. Don’t forget to respect da pump
BCH looking strong here against BTC, could be a rotation going on. Maybe we get a bump and run, maybe not. Def one to keep an eye on.
You know that BINANCE:BCHUSD halving will happen on the 4th of April 2024, slashing the mining rewards by half. I bought the rumor early enough, and I am ready to sell the news. I will open a partial short position now, when there is a breakdown of the trendline, I will add to my position. Warning - Don't overuse leverage - Manage your risk - Manage your...
Indicators suggest CRYPTOCAP:BCH could be primed for a pullback before the next surge. After a 5-wave rally, we're touching multi-year resistance. The RSI is tipping into overbought territory, hinting at retracement potential. While weekly charts don't show bearish divergence, other timeframes do. If the retracement unfolds, I'm eyeing the $200-$150 range at the...
The evil clone has awakened and will now try to take over the crypt.
Recent choppy move up not characteristic of vave 3. I think bch still in vave 2 flat, looking for 5 vave move down as a reset after halving froth. nfa y axis only
40% Weekly Jump: Bitcoin Cash (BCH) has outperformed Bitcoin in weekly returns with a significant 40% increase. $700 Breakout Aim: The uptrend is aiming for a breakout at the $700 resistance level. Potential $1000 Target: Overcoming the $700 mark could set BCH on a path to reach $1000. Bullish Trend Motion: Despite Bitcoin's bearish start, BCH showcases a strong...
Charting the potential future of Bitcoin Cash (BCH) with a keen eye on technical analysis! A breakout above a key descending trendline on the chart hints at a bullish surge. Could we witness a staggering 5846.42% increase, possibly up to $50K? Only time will tell.
I know, I know. BCH. Nobody cares abut BCH. That's make me bullish on this one. Put away the ideology and look at this pattern. What if it really lagging so badly behind BTC? What if it follow similar pattern like the Papa? It could reach 7000 Dollars? And right now it's so dirt cheap. Risk to reward is looking good. I'm grabbing this bargain. No financial...
I wanted to take a moment to share some exciting news with you - Bitcoin Cash (BCH) has been outperforming Bitcoin (BTC) since the recent halving event! In the weeks following the halving, BCH has shown remarkable resilience and growth, surpassing BTC in terms of price appreciation and overall market performance. This is a clear indication of the strength and...
Digital cash with a security aspect, upcoming halving and flexible blocksize. We are at a bulish 4, this could easily go on for some time.
Hello Everyone, The upward trajectory of BCHUSD persists, with daily support proving resilient. Current indicators suggest a potential retest of support, yet overall momentum signals a probable bullish continuation. TradeWithTheTrend3344
Bitcoin Cash ( CRYPTOCAP:BCH ) has been on a meteoric rise, surging 7.54% in the last 24 hours and 43% over the past week to reach $586. As the crypto market stages a recovery led by Bitcoin, BCH's rally has been even more pronounced, fueled by anticipation surrounding its upcoming halving on April 3. The imminent halving event, which will see CRYPTOCAP:BCH ...