BCH
ITS TIME FOR BCH - HUGE BREAKOUT EXPECTING AND THIS IS WHY..Hello trading friends,
These are our main trend long-term expecting for #BCH. don't expect fast-moving trends, it can happen, but this is the main trend.
We did add before at April about BCH at time of increase expecting as you can see here below, and BTC did increase to 1600 USD +
We expect Depending on Data and trends that BCH is at an interesting zone to increase again, At the same time know there is noting called 100%, this is crypto market and at the same time all can break down. this view what we add here is about the Data that shows with more HIGH % RAGE that BCH is about to enter a new uptrend. means this that you should enter directly? No, always do your own study and check or it's for you interesting.
Those who know us, know also the view we have about the owner of BCH.
We expect an increasing trend on BCH that could bring BTC to a high target price, and this could be the start.
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- Manage always your risk, nobody knows the future - all depending on Data, trends, and whale effect
- All our charts are not advice and you are responsible for your own investment
- Never enter fully with your investments, as this could be very risky.
- Good trading starts with good risk management to know your SL
- know that if markets crash, the most of coins will do.
- all charts are our personal view.
THE BITCOIN CASH IS ON ITNERESTING ZONE TO INCREASE 560+ TARGETHello trading fiends,
Bitcoin cash looks depending on TA on interesting trend, and we could see coming time an increasing trend to 460+, this coin did show before an increasing trend to 1600+ into short term.
Interesting trends coming for bitcoin cash.
Target 560+
#Know it will stay crypto, and it not a must that it should go directly. BCH is into the main uptrend trend.
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# Manage always your risk, nobody knows the future - all depending on Data, trends, and whale effect
All our charts are not advice and you are responsible for your own investment
BTC/USDTBTC is now at the the support of $37700 and need to close the 4-h candle above it otherwise we will see a retest of the major support of $35500 - $36500 area. After a small rally from $29500 to $42500 BTC is cooling off. BTC may range bound again from $36,000 to $42,000 before breaking out either side. As long as BTC is above the major support zone things are good.
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$BCHG bottomed. Send it back to $31Looks like we've bottomed on $BCHG with a strong move down on high volume. Looking for 5x - 6x upside from here.
My entry was at $5.38 and looking for $31.44 as the target of the move. Let's see how it plays out over the coming months. My guess is we hit the target before October.
bch - bitcoincashIf it crosses its heavy resistance, which coincides with the Ichimoku cloud, it can move towards the set targets (in the medium term, it can see the third target).
The good news is that the Ichimoku cloud is thinning, which I hope will lead to the formation of a green cloud, which is the first sign of growth in the near future.
DOGE/USDTDOGE from the 3rd day the price forms a downward trend. There is no long trend of large kickbacks, so I will work according to the trend.
When we fix the price under the zone 0.19575, we will have a downward trend towards the lower targets of 0.19.
The goals are fixed. When we take the bottom goal and update local highs, we will have an upward trend of returning to the sales area.
BTC/USDTYesterday in the morning, buyers tried to restore the bitcoin price, but they failed to overcome the psychological resistance of 40000.
In the evening, the bears intensified the onslaught and continued to reduce the price of Bitcoin. As of this morning, sellers tested the level of 38500, and during the day the pair may reach the nearest support at the 38.2% fibo level (37150.24).
ETH/USDTAfter a long consolidation, the price went beyond the range of 2540-2660. From 18:00 on the 3rd, the air forms a downward trend.
When we fix the price at 2440, we will have a downward trend towards the lower level of 2300.
In case the price does not fix itself under the specified zone, we will have a risk of forming a correction or ending a downward trend, as the price will not update the minimums.
Bitcoin (Interesting global scenario)Today I found a very interesting global scenario but, please do not take it seriously just keep in mind.
Scenario 1
This scenario have a high probability. It is the same as the scenario from the previous analysis. We can see that the Support and Resistance lines formed the Broadening Bottom formation. We supposed that the price can find the support at the Midline ($36000-$37000) and break the Resistance to the upside with the price target $50000.
Scenario 2
In my opinion this scenario is much more interesting. We can see the huge falling wedge which is formed by the Historical Resistance Trendline and Support. This formation predicts the price decline to $21000. Here we have the very amazing coincidence. The Historical Support Trendline, which began at the COVID-19 Dump. It is very strong interest zone. According to this scenario the $20000 can be the Bottom for this bear market.
💡Don't miss the great buy opportunity in BCHBTCTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.01371).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BCHBTC is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 63.
Take Profits:
TP1= @ 0.01447
TP2= @ 0.01523
TP3= @ 0.01608
TP4= @ 0.01810
TP5= @ 0.01961
SL= Break below S2
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Now, It's your turn!
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ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in BCHBTCTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.01371).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BCHBTC is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 62.
Take Profits:
TP1= @ 0.01447
TP2= @ 0.01523
TP3= @ 0.01608
TP4= @ 0.01810
TP5= @ 0.01961
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
BITCOIN CASH SHOWS INTERESTING TRENDSHello trading friends,
Bitcoin cash shows interesting trends also in a time when bitcoin breakdown, what means this for coming time.
we could see a BCH what increases to the target of 600 usd+
Know that this is trading and if bitcoin breakdown huge - that this will affect most of the coins. but the TA of BCH looks at this moment good.
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# Manage always your risk, nobody knows the future - all depending on Data, trends, and whale effect
All our charts are not advice and you are responsible for your own investment
ETH AnalysisAs you know, hardfork London will come soon and many analytics say that the position of Ethereum will strengthen. Moreover, many say that capitalisation of it will become many times bigger. However, let’s have a look at the chart and speak about technicals.
Well, as you can see, there is a strong uptrend. Keltner Channel plays role of s strong support. Moreover, it respects Regression Chanel. However, the trend may reverse on many reasons, thus it’s important to take in account the possibility of trend reverse. Judging by all these arguments I see two scenarios.
Scenario A:
The price will continue to retrace up to the “golden pocket”. Therefore, it’ll continue to respect the regression Channel.
Scenario B:
The price will reverse and go even lower, than it’s now.
In my opinion the first scenario is more probable cause the update of Ethereum seems to be really great. However, the market may give us a surprise.
BTC (UPDATE)Last weekend, the bulls tested the 50% Fibo level (42447.90) twice, but the volume of purchases failed to increase, therefore, it was not possible to break above this resistance.
On the first day of August, the bitcoin price marked a two-month high around 42615, and this morning the pair has pulled back below forty thousand.Around 39500, the decline has slowed down and buyers are trying to restore the price, but the volumes are still below average, so at the beginning of this week the decline may continue to the 38.2% Fibonacci level (37150.24).
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BNB/USDTBNB daily candle close with a huge rejection wick. BNB still trading at the resistance area.
Wait for few more days as we may see another try to break the resistance area.
If BNB unable to break the resistance then we will see a retest of the $290 - $300 support and if this also not hold then we see a retest of major support zone of $200 - $250
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BTC (UPDATE)Bitcoin breaks the $40500 - $41000 support.
Bitcoin is now bouncing from the $39300 support area and need to hold above this to again retest the $42000 - $42500 resistance.
If BTC breaks the $39300 support then we see retest of the $37700 support.
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