new year ,new beginning! our first analysis for BCH/USDT!Hi every one
BITCOIN CASH / TETHERUS
happy new year!!
in our first analysis of 2021 we want to talk about some interesting stuff about BCH/USDT ! so if you look at the chart you can see that the chart is in a Elliot wave principle but it's not a normal wave pattern It's flat wave pattern!( ((B)) is as high as wave 5 so ((C)) can't go lower than A)
there is also a regular bearish divergence(-RD) which will make it more likely to happen.
anyway tree trader team wishes you the best of things! may you always be healthy and rich!
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast
Thank you for seeing idea .
Have a nice day and Good luck.
Bchusdt
BCH/USDT Preparing for Big MoveSince BCH hit the resistance of the December 21st high, the price has been consolidating. Clearly, the price is forming a neutral wedge at the moment.
Highs and lows are gravitating towards each other, indicating that both buyers and sellers are preparing themselves for a break-out.
If you're wondering how to trade this setup, just wait. Wait till the price has broken through either the upper or lower trend line with sufficient support. If you're cautious, wait for the price to close beyond the yellow confirmation lines. Do your own DD.
BCH.USDT (Y20.P5.E2).v2.Stalking.Looking for an entry.Hi All,
Just an update post.
As per the chart, we are looking for price to break the lead in trend resistance line.
Note the wicks on the weekly showing us this trend line is being respected.
How to trade this, wait for price to break this and possibly give you time to buy in when it retests it, on the 4 hrly or daily.
Really depends how it approaches the resistance. Breakout trade.
Not a bad return if it hits the target over 120%
Regards,
S.SAri
BCHUSD (Waiting for the resistance zone breakout in day chart)#BCHUSD Technical Analysis Update
Waiting for the Resistance Zone Breakout on the day chart
BCH/USD currently trading at $350
LONG ENTRY: Above $380 ( Enter long after 1-day candle closes above $380)
STOP LOSS: I will update once I see the Breakout
Target 1: $480
Target 2: $620
Max leverage: 3X
ALWAYS KEEP STOP LOSS...
Follow our Tradingview Account for more Technical Analysis Update, | Like, Share and Comment your thoughts.
BCH.USDT (Y20.P5.E1).Stalking.Looking for an entry.Hi All,
On the lower time frames, Bitcoin cash as a trend on the 3 HRLY and so now stalking for a bullish candle or combination of candles to jump in.
Note: BCH has broken a key level so it now opened itself up for new potential highs.
Cheers,
S.SAri
BCH-12h. Buyers are preparing for the $548 test.Consolidation in the BCH market continues. Our previous idea worked and the price reached the range of $257-267.
In fact, from September 2020, buyers are trying to break an important mark $372. All counterattacks by sellers are confidently neutralized. The chart shows how well the lower trend line of buyers is working.
Since November 24, consolidation has continued at a big volumes. It seems that the big players are accumulating a position before the start of a new wave of growth.
Now buyers are again trying to break the critical point. The break of this mark will quickly transfer the price of BCH to $548.
However, closing the daily candle below $372 will continue the "exciting" consolidation in the BCH market.
If you like to trade consolidation ranges - we suggest you review our UNI idea:
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We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
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Bitcoin Cash (BCH) - December 27Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
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We need to see if it can rise along the uptrend line (4).
You also need to make sure you can get support at point 324.1.
If you decline at 278.26196606, you need Stop Loss to preserve your profit and loss.
It remains to be seen if volatility around January 8 could rise above 367.31848226 points.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Hence, the interpretation is the same as the conventional Stochastic RSI indicator. (K, D line -> R, S line)
** CCI-RC indicator is an indicator created by changing the set value from the existing CCI indicator. Therefore, the interpretation is the same as the existing CCI indicator.
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You should trade from a short-term investment perspective.)
BCH Double Top FormedHello everyone today we have bad formed pattern BCHUSDT:
A)We can see we have double top pattern is already formed
B)Every double Top peak we can see we have decline volume this is formation how double top formed
C)If we breakdown neckline we can go 140$ area and confirm with volume also remember
D)We measure peak to neckline and put measured target bellow neckline
If you agree with me hit the like bottom)))
BCH Buy Limit setup.Bitcoin Cash - Intraday - We look to Buy at 305.2 (stop at 296.9)
Daily signals are mildly bullish.
Pivot resistance is at 331.3.
Our bias remains bullish and further upside is expected to target resistance at 331.0.
We look to buy dips.
Our profit targets will be 330.9 and 348.4
Resistance: 330.0 / 350.0 / 360.0
Support: 305.0 / 300.0 / 285.0
BCH-4h. The price goes to the range of $ 257-268.The month on the BCH market passed in a wide consolidation range.
Buyers managed to barely update the previous high and give false hope to buyers to continue the trend.
Since December 21, the price has fallen by 25% virtually unhindered. The main volumes are concentrated within this consolidation in the range of $310-320 . Buyers have lost control of this range. If BTC does not break the $22,500 mark and goes to update the historical high - BCH buyers have a chance to regain control of $310-320 .
However, it is safest to buy a coin in the range of $257-268.
________________
We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
Subscribe to us and get daily concise analytics!
Bitcoin Cash (BCH) - December 22Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
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We are holding the price above the 278.26196606-293.00097721 section, so there is always the possibility of further gains.
It remains to be seen if it can gain support and rise at the uptrend line (4) and at 324.1.
Between December 30th and January 8th, we should watch for any movement that deviates from the 293.00097721-367.31848226 segment.
If you break above the uptrend line (2) and get support, I think there is a high possibility that it will rise to the 435.40010001-454.59999980 section with further gains.
If I break below the downtrend line (1) and get resistance, I think there is a possibility to touch the 209.23112174-230.18881201 section.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for convenience, we are talking upside down for interpretation of the indicators.
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You should trade from a short-term investment perspective.)