BCH
Bitcoin Cash BCH Price Targets after the FSB meeting The Finance Stability Board said today that many stablecoins won`t meet the requirements stipulated in its recommendations for cryptocurrency asset regulation.
This could have have ripple effects in the entire crypto industry!
My price targets for Bitcoin Cash BCH are:
BCH/USDT short
Entry Range: $147 - 153
Price Target 1: $138
Price Target 2: $119
Price Target 3: $110
Stop Loss: $171
BCH/USD 1DAY UPDATE BY CRYPTOSANDERSHello, welcome to this BCH/USD update by CRYPTO SANDERS.
CHART ANALYSIS:-Bitcoin cash (BCH) surged to a fresh multi-month high on Tuesday, despite sentiment in crypto markets turning bearish.
Following a low of $143.19 to start the week, BCH/USD moved to an intraday high of $152.71 in today’s session.
As a result of this surge, bitcoin cash moved to its highest point since July 31, which is the last time price was above $150.00.
Overall, BCH is up nearly 20% in the last seven days, with today’s gains following a breakout on the relative strength index (RSI).
Price strength moved beyond a ceiling at 68.00, and at the time of writing, is tracking at 69.88.
Despite the next visible ceiling being at 71.00, earlier gains have begun to ease, with bulls opting to secure profits.
I have tried to bring the best possible outcome to this chart.
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#BCHUSD - Consolidation has Finished, Now Let's Pump!#BitcoinCash has clearly finished it's consolidation phase for the last part of 2022 going into the start of 2023, with a huge Long trade breaking several smaller resistance levels.
Now we're looking for #BCH to bust through one final level of resistance and give us another massive trade of
up to 80%
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Crypto Tipster v2 by theCrypster
BCH: BREAKOUT POSSIBLITYIn recent times, it appears that the trends in China have generated an increased interest in BCH. We will continue to monitor the future trends of BCH to determine if it has the potential to break out.
Depending on the perspective of the analysis, there is a possibility that BCH may experience a breakout in the coming time.
NEO and BCH are of the trend coins in china since the last HK trends.
Intrigued by BCH HereFinding myself intrigued by Bitcoin Cash.
We recently hit bottom a 2nd time and have thus far begun moving up, breaking out of a small falling wedge (on the non-log daily chart, the logarithmic weekly chart is what is pictured above, but it still has the wedge and targets from the daily non-log chart).
Why am I intrigued, outside of a potential double bottom? Bitcoin Cash was a fork of the original Bitcoin code, meaning original adopters and/or owners of Bitcoin at the time received an equivalent amount of Bitcoin Cash. Many of them were made wealthy from Bitcoin. It would seem to me, if I were in their position - I would have a vested interest in seeing Bitcoin Cash make a comeback, if even just briefly enough to make some returns on an essentially free investment.
On the chart - interim daily falling wedge targets, boith still under $200.
For weekly / long-term - get through and hold above the first red resistance area to make it to the next one above it - that happens, the double-bottom comes into play.
✳️ Bitcoin Cash vs BTC | The AltCOINS RaceThis was going to be in the fast ALTSBTC series but the signals are not as strong, which actually means that it is still early.
We have a perfect ABC correction that went beyond 0.786 Fib. retracement. In English, this is positive.
Today alone BCHBTC breaks EMA21 and challenging EMA50, the signal only confirms when the day closes.
A strong RSI at support is a very strong bullish signal...
And well, the rest of the ALTSBTC pairs are growing by leaps and bounds... This one is set to join the race.
Something like Coinraces .
Namaste.
✴️ Bitcoin Cash Update | Bullish Or Bearish?What one does, the rest follows!
The Altcoins, they all move together and most of them, about 90%, have the same chart.
Within the 90% with the same chart the only difference is their timing. Some move first, others follow but end up drawing the same patterns.
Bitcoin Cash continues with its bullish consolidation, which is normal and at the same time great.
The longer the consolidation takes, the stronger the jump when the consolidation box breaks.
BCHUSDT is consolidating above MA200 while ETCUSDT is trading below, this makes no difference, they are both going to break up.
The one above MA200 will face less resistance though.
It will be exciting because the next up is the biggest one.
If you want to see additional information, the targets, support levels and so on, visit the 'Related Ideas' below... For all the "updates", I will list a few of the old ones.
Namaste.
Another Reason to look at BCHFalling wedge broke out a good while back but has yet to make a strong move up towards measured targets, as shown above on the 3 day chart.
Also:
- The long sideways movement is typical of accumulation prior to a stronger move.
- MACD has been diverging the entire way down,
- RSI has been diverging as well, and more recently stronger divergence.
Hitting both targets would provide nearly 1100% gains vs. Bitcoin from current price if this plays out:
Related idea here:
#BCHBTC - Large Triangle Closing - Still Room to Trade!We can see this clearly defined symmetrical triangle acting as both support and resistance for #BCH coming to an end pretty soon - but there's still time for another trade!
Coming off a healthy Short trade into a touch of confusion followed by our current Buy signal from CTv2, there's room in this wedge for another 10% Long trade. What do you guys think?
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🟢 BCHUSDT - 1H (04.02.2023)🟢 BCHUSDT
TF: 1H
Side: Long
TP 1: $138.66
TP 2: $139.60
TP 3: $140.54
Here we have a very clean chart. First we notice that my usual 38.2% fib level has already been tested, so next we target the 61.8% fib level.
$135.63 is a good support level currently. And I believe that it will provide enough power to launch towards my target of $140.54.
$4M #BCH - Wave 3/5ALTCOIN SEASON may have arrived.
BCH might be repeating 2017.
Will BCH FLEX to the 3.618FIB, AGAIN?
A Quick touch to the 0.702FIB, retrace to 0.236, then a parabolic WAVE 3 push ABOVE the 2.618FIB and wave 5 for the 3.618FIB test, and a 95% retrace from there.
BCH Wave 5 is historically very small.
$100 = $2.9M
Good Luck Traders!
BCH Cash BullishCrypto Altcoins
#CryptoWhale100Billion Alt Coin Analysis:
#CryptoWhale100Billion Alt Coin Analysis: BCH
My Analysis shows that BCH show a strong buy after hitting a low of $98 and bounced up to $103. The resistant area we can see BTC running back all the way up to $116 and breaking out higher.
RSI showing a good bull move from buying big buys. We can see a swing-up trend in the next few weeks. Small sales showing on the MACD. BCH has been trending sideways in this area for some time. Whales may accumulate and push it to the upper side.
Shoot me a message with your Technical Analysis to see your thoughts and trading strategies.
#CryptoWhale100Billion
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Below are some Previous charts links I've written in the pass for Reference.
Bitcoin Deep Analysis (Falling Wedge Has Already Broken)
(Possibility Inverse Heads & Shoulders Pattern Incase Of Formation Btc May Test 18k - 18.5k Area)📈
(Crucial Resistance Is Between 24.5 - 25k )
(Breakout Will Be A Beginning Of Massive Bullrun )
Expected Target Incase Of Neckline breakout Of Inverse Heads And shoulder Would Be 180k
BCHUSD Futures ( BCHUSD ), D1 Potential for Bullish ContinuationTitle: BCHUSD Futures ( BCHUSD ), D1 Potential for Bullish Continuation
Type: Bullish Continuation
Resistance: 164.60
Pivot: 138.19
Support: 125.31
Preferred case: Looking at the D1 chart, my overall bias for BCHUSD is bullish due to the current price crossing above the Ichimoku cloud, indicating a bullish market. If this bullish momentum continues, expect price to continue moving towards the resistance at 164.60 where the previous swing high is.
Alternative scenario: Price may head back down to retest the support at 125.31, slightly above where the 23.6% Fibonacci line is.
Fundamentals: There are no major news.