BCHBTC trade ideas
BCH/BTC 12H (Binance) Descending channel breakoutTA: Bitcoin Cash looks bullish again after breaking that parallel channel resistance. I will operate it on Spot and Margin (up to 5x).
FA: Hashrate droped after his halving more than a month ago, but now Bitcoin halved, hash power is back on BCH.
Current Price= 0.025541
Buy Entry= 0.025607 - 0.025067
Take Profit= 0.027767 | 0.029748 | 0.032951
Stop Loss= 0.022907
Risk/Reward= 1:1 | 1:1.82 | 1:3.13
Expected Profit= 9.59% | 17.41% | 30.05%
Possible Loss= -9.59%
Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 1x | 3x | 5x
Estimated Gain-time= 360h
BCH-BTC HUGE Move Coming .. To me, theres only 1 way to go - UP!Reference the chart to see the 2-day historical volatility index squeezing quite hard here at a major support. We are either about to see a BIG move up or a BIG break of support into a move further down.
Personally, I like to judge the incoming direction based on current market drama.. crypto traders love to give reason for moves AFTER the fact.
While BTC fees are $25 a pop, transaction times increasing, and miner capitulation upon us - this serves BCH very well. For now, in a battle between BTC and BCH, I will err on the side of Bitcoin Cash.
Especially while the price sits on major support, it seems foolish to bet on a break. The better risk/reward play is long.
Good luck on whichever side you pick and happy trading!
BCH/BTCBCH has reclaimed successfully the range low, which also is the key S/R, and broken the downtrend line. With altcoins pumping across the board, I expect a massive gain from BCH here.
Long it !!
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Will Surprise You Bitcoin Cash? Not Us! (100%+ Possible)Will Bitcoin Cash (BCHBTC) surprise you?
Not anymore...
This altcoin trading pair will produce massive gains pretty soon.
Right now Bitcoin Cash (BCHBTC) is coming out of new All-Time Low after Bitcoin peaked.
As BCHBTC comes out of the low, when Bitcoin drops, it can make a strong jump.
We are looking at the 0.786 Fib. extension as the target in the least but Bitcoin Cash can go beyond and print 100%+.
This is not financial advice.
Namaste.
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Bitcoin Cash 10X Lev. Trade For 280% Potential Profits
BTC $25 fee.. 1 hour confirmations.. BCH will shine! +150%You can buy the BTC pair, or you can buy USD pair. I would put my eggs in BCH-BTC though.
If Bitcoin sees a crash due to high fees and long confirmation times, BCH will really shine versus it.
Best case scenario is a Bitcoin Cash pump WITH Bitcoin... but either way, the chart's setting up well. MASSIVE multi-month pennant forming here with measured move to the mid .06 range.
Check back for updates and happy trading!
BCHBTC seems destined to move lower eventually.#BCHBTC might bounce from there, but seems destined to move lower eventually.
It's forming the same gigantic descending triangle as #XRPBTC
BCH/BTCFor all the fans of BCH, if there is somewhere the coin must bounce, it must be right here, which is actually the last support. With BTC cooling off and the halving hype has gone, I expect BCH to bounce heavily from here.
Its time for all BTC forks.....
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Bitcoin Cash Found Support (Early Signals)Has Bitcoin Cash (BCHBTC) found support?
Right now we have a very steep descending channel in which BCHBTC remains... But this can easily change.
A strong bullish divergence can be spotted with the MACD, signaling that this trend is potentially coming to an end.
Trading volume is really low and BCHBTC recently hit a new low.
On top of the divergence with the MACD, there is also short-term bullish divergence with the RSI.
This setup is good to trade with a tight stop-loss at the last low... Very simple, low risk and high potential rewards.
This is not financial advice.
Namaste.
Bitcoin Cash Loading for +166% Why Please Read This with DetailBitcoin Cash Technical Analysis Update:
#BCHBTC now Current Price is 0.02730 as writing this Post.
Whats TA Says..?
According to TA I can say this is bottom of Bitcoin cash and now Strong holding at 0.02630 Support level.
and good bounce from support level.
so According to TA its give me Long Setup Entry for Me,
and I bought some BCH/BTC at CMP.
Support:-
According to my Chart BCH/BTC Bottom is 0.02430 BTC. and you also check Strong bounce back from that range in weekly chart.
after this bottom BCH/BTC went up to around 16% and now again Retracement Level.
So I am track each and every time for Good opportunity to buy.
0.02430 is 5 month Support Level.
After Weekly support we can also see in chart Support 1 also strongly hold.
and 1 day MACD very near to bullish Crossover.
Resistance:
in the chart I mentioned all Resistance .
so every resistance is our Target point.
0.03233 is our first Resistance level and also very important resistance level.
if we breakout this Resistance then we can see our next target and resistance.
So never gamble and red chart of my updates and follow carefully.
Stop Loss:
Guys I personally not Placing Stop loss for long term holding.
But my short term holding I placed stop loss at 0.02640 and 0.02600 is best stop loss for Short term scalping trader.
Targets:
As I mentioned in Chart my all Resistance is my Target point.
and if I am talking about Long term my Target is 166% and Why 166% because of Long term GAP at 0.07280 BTC still not filled so I am waiting for this GAP.
What Now..?
I think you this is Good Opportunity for fresh setup in BCH/BTC.
and I all think mentioned in this updates for short term and long term Trader.
so Trade Smart not Blindly.
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BCH Riding ATL on BTC ChartIt is not at all time lows, but close enough to it for me on the BTC chart to open a position. I like filling bags near all time lows on the BTC charts. Especially for high marketcap coins that won't be forgotten for long. Patience might need to be a virtue with this strategy but it usually pays off. Not financial advice, enjoy the punt!
BCH bullish scenario BTC overlay. Hi!
BCH is looking more and more bullish, a very clear bottom signal is being printed right now. BCH usually follows BTC movement pretty 1:1 or even with a little more bullish swing.
The turn around has been a little slow, and that might suggest the initial signal for the alt market. First time since forever BTC is leading the move and alts bleeding. This is a clear signal of a bull market, if it was unclear for anyone that we have been in a bull market for over a year now, only now we see the reactions ripple out on to the market.
All the best.
-B
BCH/BTCWelcome to the crypto bubble.
Nobody left trading alts vs BTC . Nobody left yelling "alt season".
All important traders are dead.
(No, not you with your 0.1BTC or 1BTC - whatever is left in your stack from this 28 month alt bear market. Take no offense, 99.9999% of traders got rekt from these pump and dumps.)
Alt markets are out of sellers and the algorithms have found that threshold, where there's more buyers than sellers.
Bottom is in, where alts vs BTC is concerned.
I'll cover 10ish major cryptos that are worth trading, then I'll leave you guys alone for a while.
They are worth trading for the following reasons:
Fundamentals - Niche/target market, competitor comparison, development, necessity, use-case/potential demand, age, etc
Longevity - they've survived attacks on the technical and financial fronts (pump and dumps) - the longer an asset or species or coin is able to remain dominant, the more likely it is to remain dominant
(obviously, there's diminishing returns to that theory, post-adoption curve)
Liquidity - trading on margin invites additional market makers for both support and resistance - falling knives stop when big buyers have orders up, ready to buy cheaper
List of pairs I will be trading:
XRP/BTC - Real Time Gross Settlement - Proof of Correctness
XLM/BTC - Real Time Gross Settlement - Stellar Consensus Protocol - Jeb has always been about the people, which is why he left Ripple. More likely to gain traction, if run correctly.
ETC/BTC - Smart Contracts - Potential testnet for Ethereum/replacement, should FUD arrive again. Never forget, Ethereum lost the right to claim immutability. Good hedge to Ethereum bet.
IOTA/BTC - "Tangle is better than blockchain" - People love to FOMO this shitcoin. The fact is that Tangle will theoretically be better than blockchain, but that's probably way down the road, after IOTA dies. It'll pump HARD though.
ETH/BTC - Smart Contracts (Demand should grow globally)
LTC/BTC - Silver to Bitcoin and trustworthy testnet that can deploy innovation, without as rigid scrutiny s as BTC .
XMR/BTC - Anonymous (Ring CT )
BCH/BTC - Only potential Bitcoin competitor. Roger Ver is doing a fantastic job with this, by the way. I know, he gets emotional, but he's light-years ahead of 99% of people in this space.
EOS/BTC - Ethereum on Steroids. Expected to fail, as Ethereum will be the hardest thing in crypto to dethrone. It pumps like nuts when there's FOMO though.
NEO/BTC - Smart Contracts (Demand should grow from China)
ZEC/BTC - Anonymous (Zero Knowledge Proofs)
Based on Poloniex's moves with TRX in recent past, and the belief that the market alpha owns Polo, with that "Circle acquires Poloniex" news from forever ago (which we can get into another time), it appears to me than there are a lot of plans for Tron.
Although Justin Sun struck me as malleable, under-experienced and deceptive, this project has everything it could need, to go global. As a commodity/investment, or, as a patsy...
The TRX/BTC pair may be added to my list, if it meets my criteria in the coming months.
Regards
BCH/BTC - it's time to buy or what?Simply put, an area of support is where the price of an asset tends to stop falling, and an area of resistance is where the price tends to stop rising. But traders really need more information about support and resistance beyond those simple definitions before they attempt to make trading decisions based on those areas in a chart.
To use support and resistance effectively, you first need to understand how asset prices typically move, so you can then interpret support and resistance from that framework. You also need to be aware that there are different types of support and resistance, such as minor and major/strong. Minor levels are expected to be broken, while strong levels are more likely to hold and cause the price to move in the other direction.
