BCH/ UDTUnlock Massive Profits with 277% ✅🚀#BCHUSDT
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All Targets: done✅
Entry price: 118.4$✅
Price reached : 329$ ✅
Profit: 277% ✅🚀🚀🤑
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Bchusdt
BCH/USDT 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BCH/USD update by CRYPTO SANDERS.
CHART ANALYSIS:-Bitcoin cash (BCH) rallied back above 300.00 on Thursday, prior to the global crypto market moving to consolidate.
Following a low of 250.23 on Thursday, BCH/USD jumped to an intraday peak at 300.85 earlier in the day’s session.
As a result of the rally, the price moved to its strongest point since the start of the week, and closer to a recent 15-month high.
Earlier gains have now been erased, with BCH falling to a current reading of 279.71 as of writing.
One of the catalysts for this is the fact that the relative strength index (RSI) moved closer to a ceiling at 73.00, after bouncing from a floor at 70.00.
The index is now tracking at 71.69, and will likely consolidate around this area for the remainder of the day.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
BCH ANALYSIS (4H)Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the BCH symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Bitcoin Cash (BCH) forming a bullish BAT for upto 12% pumpHi, dear friends, hope you are well and welcome to the new trade setup of Bitcoin Cash (BCH) with US Dollar pair.
On a 4-hr time frame BCH is about to complete a bullish BAT move for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Bitcoin Cash aspire to the moon.Hi guys, let's review the current situation on Bitcoin Cash.
Bitcoin Cash continue to crash all resistance levels one by one and aspire to the moon. For the last couple weeks BCH price increased by over 200% and trading above 300 at the moment. To be honest I didn't expect this huge rise and it was very much surprising to me. Overall, I expected that BCH will rise but not so much. As I see there is only one main resistance remained on its course. I indicated this resistance area from 390 to 420. Also, take a note on weekly volume. It's extremely high and usually after such huge volume we can expect some price correction. Let's see how far BCH price can go.
If this post is useful to you, you can support me with like/boost and leave comments below.
Many thanks.
BCHUSDT ---> %78 PROFIThello guys...
There is such thing as a free lunch :)
as you can see bch broke the descending wedge
after that did a sharp move and at the same time, it broke the previous resistance level
If the price retraces to $174 level you can get a long position and hold it until $316!
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always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment
Overview of accumulation breakout patternsWelcome to my new educational post
As you can see in BCH/USDT chart, One weekly green candle is enough to overcome 1 year of bear/consolidation zone !!
If you are surprised, let me tell you this is very normal behavior in crypto market as we saw this happened many times before
Another example :
DOGE / USD
When to expect a coin to explode like that ?
The accumulation pattern have many stages
1- After a period of bear market starts to deccelerate the price action becomes flat and usually take long time of horizontal accumulation between main supply and main demand (weeks / months / years )
2- Multiple fakeouts can happen to make both buyers and sellers exhausted
*The best buy (smart money) after the price reclaim the main demand after stoploss taken the second best buy after valid breakout (candle closing)
The shorting is the vice-versa
3 - Finally the strong breakout take place and overcome many weeks / months or even years of bear / consolidation/ accumulation zone
4- After the coin make breakout many traders will avoid it in the early breakout but it will continue rise and rise ..and every time it rises more it becomes more risky
Later it will turn to be crowded coin and many newcomers buy it at very high prices at this stage it becomes a gamble and MM will sell their profits on newbies
Note : The distribution phase is the opposite of accumulation phase
Note : not all coins can survive bear market, So the fundamental view has great role to support the coin
I can tell you about potential coins in accumulation now which have chance to do similar thing :
#FTT - #DYDX
DO you know another potential coins in accumulation ? Tell me in comment section below ⬇️
Bch@bch
I still don't have the confirmation of the break, the last candle was 326, so I don't think it can go higher than this, if it is approved, you can see the above three lines after a few weeks, if you are thinking about buying it, when you see it Two green numbers arrived, check the power of the candle and momentum, if it is OK, buy it
BCH breaking all resistanceHi guys, let's review the current situation on Bitcoin Cash.
Bitcoin Cash continue to crash all resistance levels and aspire to the moon.
BCH broke very important level at around 150. BCH price was accumalating under that level for almost a year and now price squeezed to the moon. Now it's important for BCH price to remain above 170 and higher. As I indicated in my last post about BCH, if price break 150 resistance level than next likely stop is 200. So far price tapped 220 and now went at about 200. If this impulse continues than I expect price to reach 260-280 price which will be next big resistance.
Also, take note on the volume. This week there is extremely high volume on BCH weekly chart which can indicate on potential reversal at least up to 170-160 level. But for those who want to short BCH need to be extra careful because price can easily go to 270 resistance level.
If this post is useful to you, you can support me with like/boost and leave comments below.
Many thanks.
BCH - Continuing with bearish divergence on the H4 timeframeDear my friends,
As previously analyzed, I have observed BCH on the 1-hour timeframe. There is a divergence signal on the H1 timeframe, and now there is a divergence signal on the H4 timeframe as well. Additionally, there is confirmation through a reversal pin bar on the daily timeframe. By observing the volume on the H4 timeframe, it is clear that there is not enough strength to break the resistance and continue upwards.
While BTC has been increasing and undergoing a correction, BCH has been increasing without a correction, making a correction necessary at this point. I have plotted the FIBO levels for this correction. We will continue to observe how far and where BCH will correct to. Do not be greedy or fearful. I will share with you what I see.
Thank you!
Bitcoin Cash BCH price what is happening, why is it growing?The goal from the previous BCHUSDT idea, which was drawn on the chart, has been achieved, that's why it is worth updating the picture and thoughts.
By the way, in the same previous idea, we described a lot about Bicoin Cash and our memories associated with this project on the crypto market.
So, in a little over a week, the price of BCH has grown by +130%, which is a super rapid growth that has not been seen since the end of 2018.
We don't know what this rapid growth is due to, maybe you will share important information in the comments below the idea?
In our opinion, before continuing the growth wave to t he next targets of $340 and $550 , the BCHUSD price should correct in the coming days.
And the $150-160 zone is a "tasty area" for buying BCH, of course, if you believe that the project has been resurrected and has great prospects.
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Is BCH going to surge?In the BCH D chart, it can be seen that BCH has been consolidating for over a year. Recent news suggests that BCH spot trading will be available on the US exchange DEX (as the fourth currency, including BTC, ETH, and LTC). This has caused BCH to rise and break out of the consolidation range, reaching a high of 193.15.
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There are a few target price levels to watch:
196.30
210.65
222.10
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Looking at the smaller timeframe chart:
BCH has the possibility of experiencing a short-term pullback, with support in the range of:
154.55~169.00.
BCH - Bearish DivergenceDear my friends,
BCH has experienced a strong upward movement, driven by a significant FOMO (fear of missing out) effect, pushing the price up to its current level. However, when looking at the price chart, overbought conditions can be observed on both the daily and 4-hour timeframes, prompting me to analyze smaller timeframes. On the 1-hour timeframe, I have noticed two consecutive instances of bearish divergence on the RSI indicator. Despite the decreasing trading volume and a dominant selling pressure, the price continues to rise. Based on these observations, I predict that the price will drop below the $200 range and return to the $130 range. I hope these insights will help new traders avoid succumbing to further FOMO.
Thank you!
BCH preparing to rip and dipTitle says it all.
I think there is a bit more upside, up to perhaps 300$ level. I would rather be a short at this point than a long.
I will short at 225$ and add if we reach 300$ add to short again. Then I pray for a drop to around 160$ to GTFO (Goat The F Out).
Not a financial advice. This can fail like everything else :) play according to your risk tolerance :)
BCH: Rally UnleashedBitcoin Cash (BCH), a prominent member of the cryptocurrency market, has recently attracted significant attention, primarily due to its remarkable price rally. Currently trading at approximately $217.2, BCH has seen a substantial 14% surge over the past 24 hours. This volatility not only demonstrates the dynamic nature of cryptocurrency markets but also underlines the importance of careful analysis and consideration for both investors and traders. This article aims to delve deeper into the technical and fundamental factors contributing to BCH's current market situation and future potential.
Technical Analysis: Indicators and Interpretation
Starting with the technical analysis, it is essential to highlight the integral role of various indicators. When examining the BCH price chart, we utilize a wide range of tools that assist in understanding the prevailing market conditions and potential future directions.
Relative Strength Index (RSI)
The RSI, a tool used to measure the speed and change of price movements, currently stands at 64 for BCH. Typically, an RSI above 70 indicates overbought conditions, suggesting a possible price pullback. On the other hand, an RSI below 30 is a sign of oversold conditions, which could lead to a price increase. With BCH's RSI sitting at 64, it teeters towards the overbought territory but still maintains a safe distance. This suggests that there might still be room for upward price movement before a potential correction phase.
Moving Average Convergence Divergence (MACD)
Next, the MACD, another momentum oscillator, reveals a reading of 6 for BCH. When the MACD is positive, as it currently is for BCH, it suggests that the overall trend is bullish. The fact that the MACD line remains above the signal line further solidifies the bullish market sentiment surrounding BCH at the moment.
Volume Oscillator
In trading, volume is an often overlooked but crucial factor. The volume oscillator for BCH currently stands at -1%, which implies that the volume is relatively stable. Stability in volume, especially in a bullish trend, can be a positive sign as it shows the trend is not weakening and might sustain.
Bollinger Bands
Bollinger Bands are used to identify potential buy and sell signals for an asset. For BCH, the upper, middle, and lower Bollinger bands indicate $222.9, $200, and $178.8, respectively. Here, the upper band at $222.9 forms a significant resistance level that BCH touched once on June 24th. On the contrary, the lower band at $178.8 serves as a critical support level, acting as a safety net to prevent further price drops. The price action bouncing between these levels is something traders should observe closely.
Fibonacci Levels
Looking at different time frames, we notice the Fibonacci levels offering crucial insights. On a 4-hour chart, the zero level of Fibonacci is at $221.9, the half level at $163, and the first level at $104.8. The daily chart shows the 4.236 level of Fibonacci at $236. This divergence in levels across different time frames underscores the importance of multi-time frame analysis in trading.
Fundamental Analysis: Recent Developments and Impact
On the fundamental front, a primary driver of BCH's recent rally appears to be its listing on EDX Markets. Backed by heavyweights in traditional finance, such as Fidelity Digital Assets, Charles Schwab, and Citadel Securities, EDX Markets is a newly established cryptocurrency exchange that added BCH to its roster of tradeable assets.
The listing announcement resulted in an immediate positive impact on BCH’s price. The exchange's broad customer base and its partners' established reputation in the finance sector increased BCH's visibility among potential investors. This, in turn, sparked an increase in trading volume and social media interest, which created a feedback loop that further drove up BCH's value. In essence, the listing announcement served as a catalyst for BCH's recent rally.
However, while the price rally is indeed impressive, it's essential to view it in context. Although BCH is experiencing a resurgence, it is still 95% down from its all-time high price reached in December 2017, according to CoinMarketCap data. Moreover, despite being designed to serve as a payment network, BCH's blockchain traffic is significantly overshadowed by Bitcoin's transaction numbers.
Future Perspectives: Market Dynamics and Investor Sentiment
Looking ahead, a few factors could shape BCH's future trajectory. The first is the broader market trend. With Bitcoin (BTC) and several other major cryptocurrencies showing bullish signs, BCH may continue to ride this wave of market optimism. However, it's essential to stay cautious as cryptocurrencies are notorious for their volatility, and market trends can reverse quickly.
Secondly, BCH's adoption for transactions will play a critical role in its long-term performance. As a Bitcoin fork, BCH aimed to improve upon Bitcoin by offering faster and cheaper transactions. While BCH's current transaction numbers don't match Bitcoin's, increased adoption of BCH for transactions could boost its long-term prospects.
In conclusion, BCH's recent surge, sparked by its listing on EDX Markets and amplified by rising social media interest, paints an optimistic picture for the coin. However, BCH's long-term performance will hinge on a combination of factors, including broader market trends, its transaction adoption rate, and evolving investor sentiment. As such, while current indicators suggest a potential continued upward trajectory, investors should still employ robust risk management strategies. The crypto market's highly volatile nature means prices can change rapidly, and past performance is not indicative of future results.
BCHUSD Bitcoin Cash Sell Entry At the moment, BCHUSD is trading at $194, and its resistance is at $205. You can sell it from there if the H4 candle rejects. The take profit level would be its support level at $170, and the stop loss would be at $220. Currently, the Weekly RSI is also crossing the 70 level, which indicates an overbought zone, so it should come down. I hope we can make a good profit.
Not financial advice. Trading carries risks. Consult a professional advisor. Perform due diligence. No endorsement of specific strategies by OpenAI or its models.