BCHUSDT - only longPreconditions:
- key level
- buy after break out
- locally uptrend
- global uptrend
You will learn the best place where we can trade this instrument at low risk.
Write in the comments all your questions and instruments analysis of which you want to see.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Bchusdtlong
Cup & Handle target 960Following in daily graph.
I recommend spot trading.
There is a clean cup & handle formation and already got the confirmation.
Also there is a flag formation that supports our chart.
TP 960
SL 600 (If you buy spot, do not set hard SL and wait for the daily candle close. )
Please comment if you join the trade.
Good luck!
BCH.USDT (Y20.P5.E1).Stalking.Looking for an entry.Hi All,
On the lower time frames, Bitcoin cash as a trend on the 3 HRLY and so now stalking for a bullish candle or combination of candles to jump in.
Note: BCH has broken a key level so it now opened itself up for new potential highs.
Cheers,
S.SAri
BCHUSDT In the next BCH fly up.In the coming days, I think the cache will only fly up.
BCH is one of the saddest tools of top coins. In three days, it managed to fall by more than 35% and is now in the accumulation zone, which was drawn back in the spring and summer.
After a strong downward movement, there is a sidewall.
On the 4H chart, the bulls failed to overcome the main resistance.
And globally we continue to move in the ascending channel
Formally, at 30m we see a triangle.
Briefly about the situation, now I'm waiting for growth to the level of support that I indicated on the chart)
I advise you to wait until the triangle is broken
BCH/USD 60min long.
####### BCH/USD Technical Analysis - 240m - July 24 #######
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~ Active Trend : BULLISH
~ Background Trend : STRONGLY BULLISH
~ Technical Indicators : 50% Bullish, 11% Bearish, 39% Neutral
~ Weights : RSI and CCI bearish Divergence, $5m market Sell order BTC
~ Targets : 242, 260
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Sentimental Analysis
The basic bullish trend is very strong on BITCOIN CASH - BCH/USD but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 232.50 USD. Crossing the first resistance at 242.49 USD would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 260.26 USD as an objective. Crossing it would then enable buyers to target 308.22 USD. Caution, a return to below 232.50 USD would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.