Bchusdt
HIGHLY IMPORTANT DECISION TIME FOR BCH!Bitcoin Cash is a peer-to-peer electronic cash system that aims to become sound global money with fast payments, micro fees, privacy, and high transaction capacity.
Bitcoin Cash is high volume coin. Which is a good thing in a bull market.
But right now we are in bear market and at a very important price zone for bitcoin cash!
277 is a massive support area.
If we cant hold it price can test the 200 price zone which means a %25 decline in value.
Supoort areas
277
255
200
Resistance areas
293
342
387
BitcoinBullish scenario 🔴45000🔴 and/or 🔴51500🔴
Bearish scenario 🟢33500🟢 and/or 🟢27000; 24500🟢
Mr. Market's daily dipsy-doodles simply do not matter. In any case, for anyone who will be investing for years to come, falling prices are good news, not bad, since they enable you to buy more for less money. The longer and further market fall, and the more steadily you keep buying as they drop, the more money you will make in the end-if you remain steadfast until the end. Instead of fearing a bear market, you should embrace it.
The intelligent investor
We Welcome Bear Market
BCH trend lines#BCH/USDT
$BCH is trading between weekly ascending trend lines, also parallel descending trend line from all time high make resistance for price.
🐮 break out from descending resistance will increase price to ascending resistance that is the same with resistance zone around 0.382 fib level, and break out this zone will head up price to resistance zone between 0.5 and 0.618 fib levels.
🐻 rejection from descending resistance will drop price to ascending support that is so week because of so many touches and will drop more to long term support around $200.
BCH weekly looking for a huge breakout?BCH weekly is looking great...i wanted to show the big picture here.
We are about to see a giant launch in price
in the coming weeks
to few months
in my opinion. Look at the oarnge circle. everything BCH needs to
break, is in this circle.
we have the Bull Market support band, 50/100 day ema, and
trendline. from $295-$470 is the range we need to break...thats it.
look at the concervative price targets...these are low what this chart
is capable of...i just want to show this here.
BITCOIN CASH LONGS ACTIVE 📉📉📉📉 Expecting bullish price action on BITCOIN CASH as price action shifted the market strucutre from bearish into bullish making the retracement move back into the bullish orderblock area on the H4 exactly on the psychological figure 300$. We also had a lot of wicks pressure aka buyers getting in on 280$ price area.
What do you think ? Comment below..
BCH / USD Main trend. Channel. 1 week.Main trend. Term 1 week. From the breakdown of the big triangle, the pumping is more + 500% Rollback. As a result, a channel was formed. Work in it. The potential is very significant.
Under the idea, I consolidated my ideas of working on this coin over the past year, both medium-term and local in nature.
BCH/USD Mid-term work in the channel.
BCH 1WAn uptrend line is a straight line drawn upward to the right that connects 2 or more low points. The second low must be higher than the first for the line to have an upward incline. Uptrend lines act as support and indicate that there is more demand than supply, even as the price rises.
entry after retest uptrend line.
A retest refers to prices reversing direction after a break and returning to the breakout level to see if it will hold.
Bitcoin Cash can reach 400-420$BCH has started a Bullish Trend & we can See an Ascending Channel On The Chart. The Price is gonna Need to Decrease a little more For it would Become Ready to Ascend Further. a Support Stands at 300$ .This Should be a Good Point for Price to React to & Continue The Bullish Movement From There.There is also a Hidden Bullish Divergence (+HD) on MACD which Means There is a High Bullish Chance For BitcoinCash! The Price can Increase up to 400-420$ for now.
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Thank you for seeing idea .
Have a nice day and Good luck
BCH Bitcoin Cash: 1D & 1M Chart ReviewHello friends, today you can review the technical analysis idea on a 1D and 1M linear scale chart for Bitcoin Cash (BCHUSD).
See the Bitcoin Cash price on the 1M (left chart) and 1D (right chart). On the 1D chart there is a ascending triangle bull flag forming with the measured move around the 0.50 Fibonacci Retracement area (on 1M chart). 200 SMA, RSI, and Ichimoku Cloud are included in the analysis.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
BCHUSDT - Long Setup!
BCHUSDT (1D Chart) Technical analysis
BCHUSDT (1D Chart) Currently trading at $360
Buy level: Above $361
Stop loss: Below $270
Target 1: $400
Target 2: $452
Target 3: 529
Target 4: $650
Max Leverage 2x / Spot Market
Always keep Stop loss
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BCH/USD - Resurrection from the dead. PUMP time! 🤣BCH has been dying since May 2021, but now it is time for resurrection. Easter is coming so the timing seems very good. 😅
After a prolonged downtrend which formed a large falling wedge, BCH has its FIRST real chance to break away.
Price is currently moving quickly to the key resistance at $380 which coincides with the edge of the wedge.
A successful breakout there and retest of this level as support can take BCH to the next key resistance at $465.
The indicators support a bullish bias. MACD, RSI and OBV are all bullish. This latest candle was on strong volume. If BCH can sustain this, then fireworks can happen.
Bias is bullish right now, but don't dismiss a possible rejection at $380, before the real break can take place.
Patience is key, but this chart looks primed for some sustained gains in the future. Can BCH return to the spotlight?
Like and follow if you liked my idea!
Bitcoin Cash (BCH) Sell ZoneBitcoin Cash (BCH) Sell Zone
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BIAS
Mid-Term : Neutral
Long-Term : Bullish
Risk : High
Short-term scalping and expecting a formed bearish pattern, currently its facing out the mid-term resistance zone which is potential reversal zone of it.
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$BCH/USDT SHORT SETUP
Leverage : x3 - x5
Entry Price : 324 - 335
TP 1 : 320
TP 2 : 315.75
TP 3 : 310
TP 4 : 306
TP 5 : 301.2
TP 6 : 295.5
TP 7 : 292
TP 8 : 287
Stop Loss : 344.44
*Maximum 3% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
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