💎 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...
💎 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,...
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...
Trading 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...
today i analysis bch ust for binance perputal trade
buy @ 432$ and selling target is 584$ predict basic on trend line and fibinaci tool and moving average ribbons and rsi indicator, wait and i got profit i am so much happy, i am bigginer of crypto try to improve my skill although any correction please comment its so helpful for me in future analysis
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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...
Trading 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...
COINBASE: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...
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...
Trading 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...
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...
Midterm 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...
We are doing Analysis of BCHBTC on Daily Timeframe .
With the Help of trend line , I have made trend line
Support and Resistance Levels
Note: This is only for Educational Purpose this is not an Investment advice.
Please support the setup with your likes, comments and by following on Trading View.
Thanks
Adil Khan
Midterm 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...
