💎 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,...
#BitcoinCash Pumped 107% in 10 Days ➡️ Bullish Pennant Breakout ➡️ Breakout + Retest ➡️ Perfect Target as per Chart Pattern CRYPTOCAP:BCH
Signifies consolidation and accumulation. The price sets lower high and higher lows respecting two trendlines to identify markets future direction, one should wait for bearish or Bullish breakout of the triangle pattern
It is on the verge of good breakout after making good accumulation, if sustains and closes above 280 then can give good pump upwards
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...
Formation of a bullish Pennant pattern and it's break out happened in BCH 4hr Chart. #NFA, Always DYOR.
BCH forming a descending broadening wedge, bounced from the support too.
Short at Live price 112.30 Target and Stop Loss given in the chart Happy Trading
BCHUSDT Long at Live Price 111.40 Target 120.2 Stop Loss 107
Risk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective. Hope investors consider, I am not responsible for your investment decision. Thank you. Good luck
Buy after Breakout plus once once after retesting done 1:5 easily
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...
$BCH Keep an eye on BCH if daily closes above 610$. Then I cant see any resistance till 733$, that would be easy 20% capital growth, with SL at 548. BCH has no much movement in volume as well even after down trend breakout.
Expecting it to give a move to the redline if breaks the violet zone.