hello
watch out BCH for short position. you can see setup on the chart.
i could be good with 3x leverage.
i think the price will go down after hitting 590~ level
good day traders BCH looks bottomed, lets take a long position and see the results, good luck to yo all, no financial advice only educational pourposes
**BCH trading plan **
The coin did last pump without Oi increase
that's the 1st signal for reversal
we can trade 2 things
1st - Big SL hunt (knife) at key level
$650 or $694
2nd - break down
watch full plan
Bitcoin Cash may test 657 before moving lower
Yesterday Bitcoin Cash broke out from a strong support zone located near 657.
The same broken support now turned into resistance can be tested again before the price
moves down more.
I expect Bitcoin Cash to test 595 and 570 initially as the price develops.
However, it can also move lower on a larger time frame.
I...
This is a friendly, and hopefully timely, reminder to all my readers, followers and supporters — Bitcoin Cash is about to crash.
Well, not crash but we are going to see a drop and this is likely headed toward MA200... Please join me while I read this chart.
What do we have here?
We are looking at the daily timeframe.
Based on candlestick reading we can spot...
my entry on this trade idea is taken from a point of interest BELOW an inducement.. I extended my stoploss area to cover for the whole swing as price can target the liquidity there before going as i anticipate.. just a trade idea, not financial advise
Hello Trader BINANCE:BCHUSDT.P
valid double top area yes for breakdown, higher high area has been touched and now on retest condition for short term.
Please add a comment and Positive feedback and constructive criticism are important to authors and the community.
Disclamer: Not Financial Advice
Hi everyone,
Bitcoin Cash price increased on 100% on this week and has reached 475 - 530 resistance area.
Bitcoin Cash didn't notice 380 - 420 resistance area but now this area might serve as support and BCH price can consolidate there before another pump.
In case if BCH price continues to pump it can reach 700 resistance level and afterwards retrace to 475 -...
🧠From the perspective of the macro cycle, we still have not achieved our goals. We have been consolidating in the periodic resistance zone for a period of time. Currently, we have constructed a bullish cup-and-handle structure, so there is a high probability that we will use this structure as a supporting force to start rising.
Let's see👀
🤜If you like my...
Hello Trader BINANCE:BCHUSDT.P
the potential to form a cup and handle area, for the right soulder is still fairly bearish chart. I have determined the entry point. please see the picture
Please add a comment and Positive feedback and constructive criticism are important to authors and the community.
Disclamer: Not Financial Advice
Today, we want to focus your attention on the global and maximum chart of the BCHUSDT trading pair
In August 2017, it was "a very hot summer": the alt season was in full swing, and there was also a BTC fork, as a result of which Bitcoin holders received free BCH 1:1. The same manipulation took place after during the fork of Bitcoin Gold - another sad fork...
We caught BCH with a good point of turnover, which seems like a good starter for further movement to lower zones.
We are looking here for the first orange line to be reviewed, from which we have two possible scenarios!
Swallow Team
