Keep an eye on support and resistance levelsOn a daily TF, It breaks the major support of $ 150 and now trading below it. The first resistance for SOL is the $ 148 - $ 152 area, and it needs to go above it to gain some bullish momentum. If it is rejected from the $ 148 - $ 152 resistance area, we see a test of the major support of the $ 125 - $ 130 area. SOL needs to hold the support. Otherwise, we may see the price going below the $100 area.
BCH
BCHUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. Here is the S1 support line which the price has hit several times and was supported. Now also it is ranging close to it. You can set the Buy order at the S1 line and keep the Stop Loss. If it falls below the S1 line, then there would be more falling. You can sell half of your assets at the R1 line and the other half at the R2 line. If it breaks the R2 line then it can see higher prices.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
What will happen?Ethereum is involved with the support of $ 3,600. If it can maintain this support, #Ethereum will test the $ 4,150 level again. Note that ETH needs to break the $ 4,150 resistance to growth in the short term. Otherwise, it could move in the range between $ 4,150 and $ 3,600. If Bitcoin loses $ 46,000 and drops to around $ 40,000, #ETH could test the levels of $ 3,400 and $ 3,200.
BCH - 2 levels To check out Hello trading friends,
This is a small update for BCH.
BCH is an interesting zone for possible new gain. this depend also on the BTC market.
We could see depending on the simple TA trend that BCH could return to the zone of 400 USD coming time.
If we get a new increase on BCH, then are the next 2 levels very important for a time frame.
Have a great day.
BCH | Tea...or Coffee? | ENTRY @ BREAKOUT | Demand cross EMA200BCH | Thailand SET Index | Health Care Sector | Chart Pattern Trading
> Cup and Handle - Estimated 33% target upside with 88 days and 61 candles
> Price Action: Entry @ Breakout to confirm the pattern - Key resistance at 21 or Demand Support Line above EMA200
> RSI bullish signal above MA line crossing up 50
> MACD golden ribbon crossing up the baseline
Good Luck
BCH weekly chart updated to caution. BCH on the weekly chart is still intact. The DeMark 9 indicator reads
it has hit the bottom.
If BCH can get some buying volume, it has to break the Hull Suite Indicator
and it then can move up to above trendline and
pursue its way to previous 2021 Highs at $1600. BCH must not break support
at $336 and then $248, I dont believe it will happen but the RSI is at the bottom
of the trendline as well.
You can buy some BNB near $ 500On a daily timeframe, Binance Coin is again testing the support of $ 500 - $ 510, which must hold support for BNB. We will see a heavy sell-off if $ 500 support breaks. You can buy some BNB near $ 500 with a stoploss of below $ 490. The following support after $ 500 is $ 460 and $ 440 levels.
BCH - Potential Bullish Reversal!Hello everyone, if you like the idea, do not forget to support with a like and follow.
BCH is sitting around a strong support zone in green so we will be looking for buy setups.
on DAILY: BCH is forming a channel in red but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated, BCH would be overall bearish can still trade lower till the lower green support before going up.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
BCHThis chart is meant to analysis BCH/ETH pairs and how historically the sell off occurred & continues. I am speculating a mean reversal soon based off EW & fib retracement levels.
Also personally I know that when BTC finally takes off for $70k plus BCH will be turbo charged and can gain momentum against ETH. GL guys Big Mike loves you.
BCHUSD will shine soonBCHUSD currently is back into the accumulation zone.
Don´t get fooled by haters.
BCH is not dead.
Currently very oversold RSI
We expect a few weeks of accumulation and in 2022 a huge uptrend.
This analysis will upset many haters but we expect the final target between 10k and 15k USD. not only BCH will do well but also other dino coins such as XLM , XRP, DASH and many more.
ETCUSD already in April and May 2021 showed us what dino coins can do when they are in a prolonged accumulation.
We expect similar move for other dino coins.
Patience is a key.
No financial advice
BCHUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a 4-hour time frame.
As you can see, the price is fluctuating below the resistance line, and if it can not stabilize above the resistance line, we can witness the fall to the first support line.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
BCH Resets its Would-Be 5th Wave Rally with PullbackWith our crypto crash last week, Bitcoin Cash invalidated its PURPLE primary pattern with the break of 386.59. This means that our larger Wave 4 correction that started after the May 2021 peak had been continuing all this time with that purple subwave (i) actually being a fake-out rally!
Therefore, the GREEN pattern is now primary, and it has the entire 4th wave pullback identified as a double-zigzag (since the would-be C-wave is actually an ABC zigzag down, now labeled as 'Y'). It is not clear if the pullback is done yet, and we may see a slightly lower low to the 0.618 extension of our W-wave which would fall at about 324.07 on the chart. (FYI, there should have been a RED alt pattern on this chart as I had on all my other crypto charts... Point is now moot as GREEN has supplanted this.)
So what's the good news despite all this doom and gloom?! BCH has a clean slate on where it can go next. Without 1-2 setup present, we can't make a clear projection yet on where the top should go, so I've added the big green box as our rough target zone. This falls within the 0.382-0.618 extension range of our larger 3-4, a common Fibonacci proportion; this is 1139-2370.
However, as I'm interpreting the larger pattern starting from the Dec 2018 bottom as a diagonal, I'd expect the 5th wave to extend to somewhere between the 1.382 and 1.618 extensions of the larger 1-2. While the lower end of this range falls within the green box, the upper end falls at 3181! So yes, there's a puncher's chance we make it that high!
I use Elliott Wave analysis to project price levels for different assets and asset classes. EW is a form a technical analysis that is absolutely NOT based on fundamentals. Please be aware that this is not intended to act as financial advice. I am not a trained or certified financial professional. You may invest based on a strategy tailored to your own skill and risk-tolerance levels.
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