Bitcoin Cash UpdateWe chose Bitcoin Cash (BCHUSD) for you because it moves like Ethereum Classic, very strong with really big candles... So the potential is huge.
When you add leverage like we did, then the profits go as high as the new moon.
For this one, we visit our trade signal which is still active and at 395%+ profits... See it below:
Bitcoin Cash Huge Potential on 10X (1600%+) | 15-July-2022
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BCHUSD trade ideas
BCHUSD Breaking Trendline For A Bullish CaseBCH moved even higher following the break out of a diagonal in the last few days. Notice that recovery is now in five waves on the hourly chart so it appears that more gains can follow after the retracement. There is nice technical support at 113 followed by 108/110 area, where the price can meet the trendline.
BCHUSD Potential for Bullish Continuation | 22nd July 2022
On the H4, with price moving in an ascending trendline and above ichimoku indicator, we have a bullish bias that price will rise from our buy entry at 126.53 where is the swing low support to our take profit at 131.4, where is the swing high. Alternatively, the price may break the resistance structure at the buy entry and drop to the stop loss at 119.00, which is in line with the 38.2% fibonacci retracement.
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Bitcoin Cash: Strong Downtrend (Possible Gap Lower)The Williams Alligator moving averages have fanned open, indicative of strong bearish momentum.
Looking at the chart, there is a likelihood that BCH (and all other cryptocurrencies) are about to gap lower. If this occurs, we're looking to short BCH down to $64.
Bitcoin Cash 165% Target On 10X Lev. (Over 1500% Potential)We have the Bitcoin Cash (BCHUSD) trading pair before the bullish signals are really in, we are early...
Notice the marked candle, 30-June.
This is a reversal candle.
Now, after the reversal signal how do we know if there will be follow up?
Notice the immense volume yesterday...
Can you see it?
That huge green volume bar is the confirmation.
We see BCHUSD growing.
We are active with 10X.
165% total growth on 10X can lead to 1500%+.
Remember, this is not financial advice.
We only share what we see coming from the charts.
Leveraged trading is ultra-high risk.
We recommend spot trading only unless you are an expert.
Thanks a lot for your continued support and remember to leave a comment if you have any questions.
Namaste.