Short BCHEverytime it has gone higher, we had a bad rejection. Think this time will be different?
How about no. Wait until it slips below 100 again. ;)
As always your friendly neighbourhood spideytrader. ;)
BCHUSD trade ideas
BCH: Bullish TP 330+, Target 697 if possibleGOT my previous post blocked, so have to repost with 3 hour delay
BCH have been holding $100 very well.
BTC maybe King, but BCH could crypto cash.
If there is a micro 3 month bull run, i am looking that BCH may move up to 330 fairly due to new demand, but i fear, if mania then 697s otherwise it will fade out going into EOY
I am looking at these FIBS, and i am looking at the prices of said fibs.
I am basing my 100 of the max run of 2019, so if the moment is not matching that will take longer or shorter based on price and volume
cheers everyone.
I honestly, can't recall the last time i have done a TA, lol
Report is coming soon, at end of july i think, as i still involved in NFT projects ;p
**LEGENDS**
BLUE = Bear/Resistance || Yellow = Bull/ Support
Lines: Fractal dates are moments of interest, where price and time collide to create oscillation.
the chart for possible scenarios of price actions - use zoom and scroll for better view.~
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
Feel free to request: your coin to be analyzed! Please keep those Stop losses in place or mind!
Thank you, and stay strong my fellow Crypto Punks!
_Ajion
BCH - Wyckoff Accumulation SchematicIt looks to me as if Bitcoin Cash has been following a perfect wyckoff accumulation schematic.
I am unsure if we have yet seen the Spring, or whether the recent long wick on June 10th was enough?
I would suggest we follow Path 1 or Path 2 as marked on the chart if we see the final phases of this accumulation.
This pattern would be invalidated if we see a loss of the support level at $87.17.
BCH RO UPDATEThis is the update for my previous view on BCH. Price managed to respect 150$ mark and also managed to liquidate its previous major low at 100$. But, because price couldn't close below 100, I believe now that as soon as BCH confirms that 93$ is now our next protected low, we can target buys towards 150 once again and now even towards 200$.
$BCHUSD - Bitcoin Cash Wyckoff AccumulationBitcoin cash completing signs of accumulation, with the spring coming in last night.
Now looking for signs of strength likely with in the next couple days/weeks
***Easily the best Wyckoff Study case we've seen in a while.***
PLEASE YOLO YOUR LIVE SAVINGS *at your own risk* - NOT FINANCIAL ADVICE
Preparing for a final downward waveIt is still working on the previous analysis, nothing new is mentioned except that it ends the corrective fourth wave, then completes the decline in a fifth wave
BCH UPDATE ROThis is the update for BCH. I strongly believe that BCH should liquidate lows from 108, BUT respect 105$. Once price does that, BCH should be ready to target 125$. Once price breaks above 125, it can finally target 150. But only if price breaks above 150$, we can finally say that BCH is bullish.
BCH MAJOR UPDATE ROThis is an important update for BCH. Price is still consolidating at the moment, but chances for BCH to break above 125$ are already increasing. It is important that BCH liquidates firstly those current lows below 100$, before even thinking of going back up, for a healthy new bullish leg.
BCH Long Opportunity Yesterday breaks ema line now tkaes a support in the ema line. Now take a entry. If you want to take an entry buy a half portion at here. And buy during further movement.
Targets are marked in the chart
DYOR
BCHUSD (1H) - Bearish reversalHi Traders
BCHUSD (1H Timeframe)
Waiting for the downward break of the 115.2 support level which will complete a bearish trend reversal pattern to go SHORT. Only the upward break of 117.3 would cancel the bearish scenario.
Trade details
Entry: 115.2
Stop loss: 117.3
Take profit 1: 113.8
Take profit 2: 111.7
Score: 6
Strategy: Bearish reversal
BCH UPDATE ENGThis is the english version for my previous video in which I explain my outlook for BCH. Things are looking pretty promising for BCH, but only if price interacts with 125$. Until then, sells are still valid.
BCH UPDATEBCH has changed its structure a bit. It look now more promising than in the past. But only a break above 125 would push price towards 135 and even 150. Until then, price can still liquidate its current intermediary low and drop further, towards 100.
BCHUSDSeems the previous stop-loss was to tight and I was taken out. Re-entered again with a proper stop-loss leaving some room for the trade to breath. My overall bias is still downward.
BCHUSDBCHUSD has been moving really slow for some couple of days now. Although I still believe it will move downward to make a new lowe-low.
BCHUSDThis is my current trade idea on BCHUSD. I am expecting a little deep retracement before a drop. The retracement might come or it might decide to drop from the current price level. Waiting to see how this places out.
BCH UPDATE ROThis is a continuation of my previous idea regarding BCH. A break above 125 will push BCH towards 135, a break below 113 will make BCH drop towards 105 and possibly even 100.
BCHUSD PRICE PREDICTION -SUPPORT AND RESISTANCE -SIDEWAYS MARKETBCHUSD is not currently following any trend showing the market is currently moving in sideways direction. Support and Resistance concept comes into play in such scenarios. As Support and Resistance are meant to be broken so I have placed Sell Stop and Buy Stop orders at the breakout of support and resistance levels respectively. Sometimes, market crosses first Support and Resistance level and then move back so I have used breakout of 2nd Support and Resistance levels as my possible entry points.
TRADE PLAN:
REWARD: 2%
{
(TRADE 1 (Sell Stop) : 42 : approx USD 89.91 (REWARD),
(TRADE 2 (Buy Stop) : 41.1 : approx USD 89.91 REWARD)
}
RISK: 2%
{
(TRADE 1 (Sell Stop) : 42 : approx USD 89.91 (RISK),
(TRADE 2 (Buy Stop) : 41.1 : approx USD 89.91 RISK)
}
DYDX vs Bitcoin CASH. A new trading method - "m-maker reading".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".
BCH continuationAs we talked in our previous video, BCH managed to liquidate 118, as soon as price broke below 123, after rejecting 135. Now that price is still trading below 130-135 area, sells are still possible, with targets towards 110-105. On the other hand, a break above 135 will most likely push BCH towards 150.
BCHUSD | Wave projection | Doubled Bull Flag Move +50%Wave Analysis with price and chart pattern
> A possible ABC motive wave bullish scenario with a doubled bull flag pattern support, the price currently within the second bull flag local pattern.
> This doubled bull flag is forming a major inverted head & shoulders reversal pattern.
> Medium term target @ upper rising channel resistance for bull flag pattern + 50% upside
> Pullback Entry at the rising channel support liquidity swing zone with potential false breakdown area.
Always trade with affordable risk and respect your stoploss!
Good Luck
W9.1-10 BCH BULLISH IDEA (HARMONICS BULLISH PATTERN)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.
BCH CRITICAL UPDATEThis is the before and after explanation regarding our longs from the previous video posted!
