BCHUSDT.PS trade ideas
Coinbase to delist Bitcoin Cash (BCH) from Coinbase Wallet last chart
Coinbase to delist Bitcoin Cash (BCH), Ethereum Classic (ETC), XRP (XRP), and Stellar (XLM) from Coinbase Wallet!
My price targets:
BCH/USDT short
Entry Range: $108 - 113
Price Target 1: $88
Price Target 2: $79
Price Target 3: $70
Stop Loss: $129
BCHUSDT | SETUPBCHUSDT has been trading with in a symmetrical triangle.
The price has been converging.
Now the price is currently trading at rising support.
The bulls can show momentum at this level.
The bulls need to hold the support.
While break below triangle will be all over for bulls.
Manage your trades accordingly.
Bitcoin Cash Strong | Daily & Weekly TimeframesIt may look weak but it isn't...
Trading above EMA50 is very strong for the bulls.
We even have a bullish cross forming for Bitcoin Cash vs Tether (BCHUSDT) between EMA10 and EMA50.
On the weekly timeframe, BCHUSDT is now trading above EMA10 after 4.5 months of sideways (consolidation)...
After consolidation comes the bullish break.
Namaste.
Bitcoin Cash | Not Ready, Not yet; Potential For LowerYesterday Bitcoin Cash (BCHUSDT) tried and failed to move above EMA10 and EMA21.
We see this rejection coupled with high bear volume.
Today we are seeing prices growing below EMA10; bearish growth.
This is bad news as EMA10 is our main indicator to gauge the short-term potential of any cryptocurrency trading pair.
We can also see EMA50 or $110 as a strong barrier, this is the level to break for positive CHANGE.
Any trading below $104 and we can expect lower prices...
Targets: $95 is possible but even $80 is on the cards and lower...
Let's wait for the bottom!
After we hit bottom, we definitely will have long-term growth... That's the meaning of bottom, it can't go lower and this will be set in the next few weeks, maximum a few months.
See the related trade ideas for more.
Remember, I am always grateful for your continued support.
Namaste.
#BCH/USDT 4Hr UPDATE Hello, welcome to this BCH/USDT 4Hr chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
Show some support, hit the like button, and follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis.
CHART ANALYSIS:-Bitcoin cash (BCH) raced to a one-week high on Wednesday, despite cryptocurrency markets mostly trading lower.
Following a low of $103.09 on Tuesday, BCH/USD surged to an intraday peak of $109.09 earlier in today’s session.
The move saw BCH hit its highest point since November 8, when the token was trading close to a high of $120.00.
As can be seen from the chart above, today’s high saw bitcoin cash move closer to a key resistance level of $110.00.
The 14-day relative strength index (RSI) also rose higher, with the index breaking out of a ceiling of its own.
Currently, the index is tracking at 46.52, which is above the aforementioned ceiling of 45.00.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
#BCHUSDT Sideways Channel ($100-$150)Trade setup: Trading in a Sideways Channel ($100-$150). Swing trader: trade the channel (Enter near $100 support and Exit near $150 resistance). Trends remain bearish but $100 support area could be a swing entry point for a riskier trade setup; keep a tight stop loss (~$95). (set a price alert)
Trend: Neutral on Short- and Medium-Term basis and Downtrend on Long-Term basis.
Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI ~ 50 (Neutral).
OBV (On Balance Volume): is flat, indicating that volume on Up days is equal to volume on Down days. Hence, demand from buyers and supply from sellers are in equilibrium
Support and Resistance: Nearest Support Zone is $100. The nearest Resistance Zone is $150, then $200.
BCHUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for BCHUSDT
Presently, we have R2 and R1 as our resistance areas which both include the disability of the price to rise. S2 used to be a long-term resistance line and S1 and S3 are the support areas that have the well support of price. Obviously, we have the price fluctuating below R1 and we expect that it will fall to S1 (according to its past trend) and by having some related signs and a rise toward R1, the right shoulder of the pattern will be completed. We hope this will happen in the coming days.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck