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BCH

Bitcoin Cash: Breakout or Breakdown? Critical Levels to Watch!Yello, Paradisers! Have you noticed the recent patterns forming in BCHUSDT? It's shaping up to be a pivotal moment for Bitcoin Cash. Let’s dive into the details! 💎BCHUSDT has recently taken liquidity and is forming a triangle pattern. On the lower timeframes, BCH has developed a W pattern, which typically signals a higher probability of a bullish move. However, to confirm this and target higher levels, we need a breakout and a candle closing above the resistance zone. This confirmation would significantly increase the likelihood of a bullish continuation. 💎If BCH breaks out and closes candle above the resistance zone, it would validate the bullish W pattern and open the door for higher targets. 💎In the event of a pullback, we can expect a bounce from the support zone, potentially forming a triple bottom, which is another bullish sign. 💎Conversely, if BCH breaks down and closes below the support zone, it will invalidate our bullish outlook. Stay focused, patient, and disciplined, Paradisers. This is the only way you can make it far in your crypto trading journey. Be a PRO💰 MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Nathan
Keep a close eye on BCHUSDT as it approaches crucial levels👀💎 Paradisers, #BCH is approaching the supportive trendline and the previously broken resistance area, which might now serve as a support. 💎If #BCHUSDT breaks its higher low and exhibits signs of a Change of Character (CHoCH) and Break of Structure (BOS) from this support zone, we can expect a bounce to the next swing resistance. 💎However, if there is no confirmation and the support zone along with the supportive trendline break down, it will be viewed as bearish. Nonetheless, there is another support zone below this, which is considered stronger. Even so, confirmation is crucial before taking action there as well.
by MyCryptoParadise_Nathan
BCH: We might see a rebound from there.🚀💎 Paradisers, #BCH is currently experiencing panic selling, and I am expecting a potential breakdown of the supportive trendline to gather liquidity for an upward trend. 💎If #BCHUSDT breaks below the trendline and exhibits a Change of Character (CHoCH) and Break of Structure (BOS) from the bullish Order Block (OB), which coincides with the Fibonacci 0.618 level, we might see a rebound from this point. 💎However, if the price falls below this level, it would typically be considered bearish. In this scenario, I would recommend not focusing on this move.
by MyCryptoParadise_Nathan
BCH/USDT: A Comprehensive Outlook for Traders and Investors In this technical analysis, we delve into the BCH/USDT trading pair to identify potential trading opportunities for both aggressive players and long-term investors. 1. Resistance Area - 250-257: The BCH/USDT pair encounters a robust resistance zone between 250 and 257. Historical data indicates that price movements tend to stall or experience pullbacks around this level. Traders should approach long positions with caution, as the price may struggle to break through this barrier in the short term. 2. Aggressive Shorting Opportunity at 235-240: For aggressive players, shorting opportunities arise at the current price levels of 235-240. As the price approaches the upper range of the resistance area, bearish sentiment could intensify, leading to potential short-term declines. 3. Expected Correction to 195-200 Levels: Our analysis suggests an impending corrective phase for BCH/USDT, with the price likely to correct towards the support levels of 195-200. 4. Favorable Buying Area - 140-150 Levels: A compelling buying opportunity emerges at the 140-150 support range. Long-term investors seeking to build positions in BCH may find this area advantageous for accumulating assets. Remember to adopt prudent risk management strategies to maximize gains and mitigate potential losses. Stay informed, and happy trading!
Short
by Un_trade
💡Don't miss the great buy opportunity in BCHUSDTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (328.0). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . BCHUSD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 70. Take Profits: TP1= @ 347.2 TP2= @ 360.8 TP3= @ 373.1 TP4= @ 384.2 TP5= @ 396.5 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 ❤️
COINBASE:BCHUSDLong
by ForecastCity_ME
2
💡Don't miss the great buy opportunity in BCHUSD Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (596.1). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . BCHUSD 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 53 Take Profits: TP1= @ 628.3 TP2= @ 680.0 TP3= @ 722.8 TP4= @ 787.9 TP5= @ 833.2 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 ❤️
Long
by ForecastCity_ME
4
💡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 64. 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 ❤️
Long
by ForecastCity_ME
4
BCHUSD Coinbase - Looking for EntryCOINBASE:BCHUSD has had a lovely history of long up and down trends. Historically they have lasted near half a year at a time in the past. We are back to a downtrend as the price has fallen below the 200 day EMA, Supertrend is red and the Heikin Ashi candles all red. Like most of the larger coins we seem to be at a consolidation period of low volume with horizontal trades going on. It looks like a possible reversal for BCH but we will have more information in the next few days on the long term effects here. It honestly could go either way for this coin but I think we will see a reversal soon, but not enough to see an overall long uptrend. The EMA is below a strong line of resistance and the Supertrend indicator is falling below it to.
COINBASE:BCHUSD
by UnknownUnicorn2091450
💡Don't miss the great buy opportunity in BCHBTC Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (0.0196). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . BCHBTC is in an uptrend and the continuation of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. Take Profits: TP1= @ 0.0236 TP2= @ 0.0265 TP3= @ 0.0298 TP4= @ 0.0326 TP5= @ 0.0340 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 ❤️
Long
by ForecastCity_ME
5
💡 Don't miss the great buy opportunity in Bitcoin Cash/BitcoinTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.0143). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . Bitcoin Cash/Bitcoin BCHBTC is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 70. Take Profits: TP1= @ 0.01610 TP2= @ 0.01760 TP3= @ 0.01890 TP4= @ 0.02040 TP5= @ 0.02330 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 trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
4
BCH-BTC 10-30%Hello, thank you for your time. Bitcoin Cash has once again broken out of support around 247-248. The price reduces the volatility and resembles a compressive spring, forming a triangle. If it breaks up, the first target will be the top of the triangle around 277-280, which is about 10%. The next target is in the area of accumulation of horizontal volume 335-345. The break-down of the triangle will be hindered by the trend one, which in case of the break-down and confirmation will turn into support. If you find the information useful, I'd appreciate a likes and a subscription.
Long
by Kirill_Gaitan
A trading opportunity to buy in BCHBTCMidterm forecast: While the price is above the support 0.0235, beginning of uptrend is expected. We make sure when the resistance at 0.0480 breaks. If the support at 0.0235 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: While the RSI uptrend #1 is not broken, bullish wave in price would continue. A peak is formed in daily chart at 0.0285 on 05/09/2020, so more losses to support(s) 0.0246 and minimum to Major Support (0.0235) is expected. Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains. Relative strength index ( RSI ) is 50. Trading suggestion: There is possibility of temporary retracement to suggested Buy Zone (0.02455 to 0.02350). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone. Beginning of entry zone (0.02455) Ending of entry zone (0.02350) Take Profits: TP1= 0.0296 TP2= 0.0332 TP3= 0.0403 TP4= 0.0480 TP5= 0.0549 TP6= 0.0652 TP7= 0.0868 TP8= 0.1055 TP9= 0.1245 TP10= 0.1857 TP11= Free ❤️ 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 trader? Now, It's your turn! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️ Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ orecastCity English Support Team ❤️
Long
by ForecastCity_EU
5
There is a possibility of the beginning an uptrend in BCHBTCMidterm forecast: While the price is above the support 0.0652, beginning of uptrend is expected. We make sure when the resistance at 0.0980 breaks. If the support at 0.0652 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: The Falling Wedge taking shape and as a bullish pattern suggests we will soon see another leg higher if price breaks and closes above downtrend. The RSI resistance #1 at 56 is broken, so the probability of beginning of uptrend is increased. While the RSI uptrend #2 is not broken, bullish wave in price would continue. Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. Relative strength index (RSI) is 56. Trading suggestion: There is a possibility of temporary retracement to suggested support zone (0.07810 to 0.06515). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.07810) Ending of entry zone (0.06515) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons : Take Profits: TP1 = @0.0905 TP2 = @0.0980 TP3 = @0.1075 TP4 = @0.1210 TP5 = @0.1330 TP6 = @0.1480 TP7 = @0.1770 TP8 = @0.2010 TP9 = @0.2440 TP10 = Free
BLong
by ForecastCity
There is a probability of resuming the uptrend in BCHUSD Midterm forecast: While the price is above the support 190.10, resumption of uptrend is expected. We make sure when the resistance at 637.00 breaks. If the support at 190.10 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: There is a divergence in RSI and price between the trough at 460.75 on 2018-08-14 and the trough at 405.45 on 2018-09-12, the probability of downtrend continuation is decreased and the probability of resumption of uptrend is increased. The RSI downtrend #1 is broken, so the probability of resumption of uptrend is increased. The RSI resistance #2 at 60 is broken, so the probability of resumption of uptrend is increased. While the RSI uptrend #3 is not broken, bullish wave in price would continue. Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains. Relative strength index (RSI) is 51. Trading suggestion: There is a possibility of temporary retracement to suggested support zone (400.0 to 279.8). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (400.0) Ending of entry zone (279.8) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons : Take Profits: TP1= @497.75 TP2= @637.00 TP3= @748.60 TP4= @832.10 TP5= @945.70 TP6= @1148.10 TP7= @1292.20 TP8= @1610.45 TP9= @1773.75 TP10= @1986.65 TP11= @2890.00 TP12= @4088.05 TP13= Free
BLong
by ForecastCity
2
There is a possibility of the beginning an uptrend in BCHBTCMidterm forecast: . While the price is above the support 0.0655, beginning of uptrend is expected. . We make sure when the resistance at 0.0980 breaks. . If the support at 0.0655 is broken, the short-term forecast -beginning of uptrend- will be invalid. . We will close our open trades, if the Midterm level 0.0655 is broken. Technical analysis: . The Falling Wedge taking shape and as a bullish pattern suggests we will soon see another leg higher if price breaks and closes above downtrend. . The RSI resistance #1 at 56 is broken, so the probability of beginning of uptrend is increased. . Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. . Relative strength index (RSI) is 74. Trading suggestion: There is possibility of temporary retracement to suggested Buy Zone (0.08800 to 0.07650), if so, we would set orders based on Price Action and expect to reach short-term targets. . Beginning of entry zone (0.08800) . Ending of entry zone (0.07650) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.0980 TP2= @ 0.1075 TP3= @ 0.1210 TP4= @ 0.1330 TP5= @ 0.1480 TP6= @ 0.1770 TP7= @ 0.2010 TP8= @ 0.2440 TP9= Free
BLong
by ForecastCity
There is a possibility for the beginning of an uptrend in BCHUSDMidterm forecast: While the price is above the support 190.10, resumption of uptrend is expected. We make sure when the resistance at 637.00 breaks. If the support at 190.10 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: There is a divergence in RSI and price between the trough at 460.75 on 2018-08-14 and the trough at 405.45 on 2018-09-12, the probability of downtrend continuation is decreased and the probability of resumption of uptrend is increased. The RSI downtrend #1 is broken, so the probability of resumption of uptrend is increased. The RSI resistance #2 at 60 is broken, so the probability of resumption of uptrend is increased. Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. Relative strength index (RSI) is 78. Trading suggestion: There is a possibility of temporary retracement to suggested support zone (400.0 to 279.0). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (400.0) Ending of entry zone (279.0) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @497.75 TP2= @637.00 TP3= @748.60 TP4= @832.10 TP5= @945.70 TP6= @1148.10 TP7= @1292.20 TP8= @1610.45 TP9= @1773.75 TP10= @1986.65 TP11= @2890.00 TP12= @4088.05 TP13= Free
BLong
by ForecastCity