BCHUSDT trade ideas
BCHUSDT AnalysisHello friends.
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Everything on the chart.
open pos: market and lower
target: 700-800-900
after first target reached move ur stop to breakeven
stop: under 460 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 5
risk is justified
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Bitcoin Cash (BCH) - December 2Hello?
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(BCHUSDT 1W Chart)
Support section: 439.5-479.4
If the price holds above the 623.8-702.5 range, we expect the uptrend to continue.
If it declines from the 342.2 point, I think BCH is likely to enter the mid- to long-term investment zone.
🔥 BCH Consolidation AheadSince the initial sell-off of May this year, BCH has been trading inside a consolidation pattern. This pattern has kept BCH locked into a territory of weakness whilst other alts made new all-time highs.
For the coming weeks, I'm expecting BCH to stay inside this triangle. Hopefully we're going to see a break out by the start of next year. Assuming the overall direction of crypto is still bullish, expect a bullish break out. '
Happy trading!
#BCH #USDT Buy SetupCOIN: $BCH/USDT (3-5x)
Direction: LONG📈
➖➖➖➖➖➖➖
One of our monthly top performers once again ready to explode. Looking on higher time frames like BCH is getting ready to confirm that $540 low was our mid term bottom.
ENTRY: 546 - 565
OTE: 541
TARGETS
Short Term: 573 - 583 - 595 - 610 - 630
Mid Term: 650 - 680 - 720 - 760 - 800
STOP LOSS: 521.3
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Loading #BitcoinCash #BCH It's a blood bath where everything is for sale. BCH didn't make a new ATH yet this cycle.
Let's go fundamental first:
1) BCH has smart contract developed by an independent team
2) It is disliked due to its founder and being BTC fork, yet it continues to thrive behind the scenes among its loyalists.
As for the technical aspect:
1) BCH has very high growing LONGS on BitFinex since the summer, and still so after this week's dip.
2) BCH continues to hover above its support drawn from Sep 2020 on the weekly chart.
3) BCH maintains the 40 RSI level on the daily, which is considered an untimely Long position entry in a bull run.
4) BCH is below the 0.236 Fib R level indicating an undervalued asset for accumulation
5) As per Ichimoku Cloud , BCH needs to close a daily candle above $640 for a leveraged long position. If and only if, my mid term target is $2400.
BCHUSDT UPDATEBCHUSDT since the recent market correction, is once again testing a historically strong level of demand for this market. We can see price is already starting to reject this zone with a possible double bottom forming on the 4hr TF. On the daily we have a M formation in which we expect the market to complete the pattern at the neckline giving us our first upside target, if price then manages to break above the neckline resistance our second target will be the next level of daily supply. We could first see a final sweep of liquidity below the support to hunt stops, we will be waiting on lower timeframes for entry rules to be satisfied first before we can look for a valid entry.
BCHUSDT #001 ( BCHUSDT try to test ATH !!! ) Hello dear friends.
Good day .
Long term triangle formed for BCH which try time rejected from bottom Edge .
What we expect after broken top edge & retest it will crazy bullish rally to test ATH very soon.
All Target & defined As per Gann Square & Gann box level resistance.
Thanks for your comments $ support.
God luck .
#BCH BCHUSDT the sleeping dinosaur #BitcoinCashAnother sleeping giant is Bitcoin Cash here.
Let's go fundamental first:
1) BCH has smart contract developed by an independent team
2) It is disliked due to its founder and being BTC fork, yet it continues to thrive behind the scenes among its loyalists.
As for the technical aspect:
1) BCH has very high growing LONGS on BitFinex since the summer.
2) BCH continues to hover above its support drawn from Sep 2020 on the weekly chart.
3) BCH maintains the 40 RSI level on the daily, which is considered an untimely Long position entry in a bull run.
4) BCH is below the 0.236 Fib R level indicating an undervalued asset for accumulation
5) As per Ichimoku Cloud, BCH needs to close a daily candle above $640 for a leveraged long position. If and only if, the first target would be $840. However FIB R levels indicate far much higher targets on a longer term.
PS This analysis is provided as per the request of one of my followers. I hope you found the answers, you were seeking.
BCH in triangle#BCHUSDT
$BCH is inside a triangle and near the lower line that here is a long term support zone too.
if price hold this support, then can head up to upper line of triangle that there is a resistance zone.
break out from upper line will lead price toward resistance zone around $1000.
breaking down from lower line of triangle will drop price to long term ascending support and then more drop to around $390.