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Bitcoincash

Bitcoin Cash $BCHUSD PT 750Bitcoin Cash Bitcoin Cash is a different story. Bitcoin Cash was started by bitcoin miners and developers equally concerned with the future of the cryptocurrency and its ability to scale effectively. However, these individuals had their reservations about the adoption of a segregated witness technology. They felt as though SegWit2x did not address the fundamental problem of scalability in a meaningful way, nor did it follow the roadmap initially outlined by Satoshi Nakamoto, the anonymous party that first proposed the blockchain technology behind cryptocurrency. Furthermore, the process of introducing SegWit2x as the road forward was anything but transparent, and there were concerns that its introduction undermined the decentralization and democratization of the currency. In August 2017, some miners and developers initiated what is known as a hard fork, effectively creating a new currency: BCH. BCH has its own blockchain and specifications, including one very important distinction from bitcoin. BCH has implemented an increased block size of 8 MB to accelerate the verification process, with an adjustable level of difficulty to ensure the chain’s survival and transaction verification speed, regardless of the number of miners supporting it. In 2018, the maximum block size for BCH was increased 4x to 32MB, but actual block sizes on Bitcoin cash have remained only a small fraction of the 32MB limit. Bitcoin Cash is thus able to process transactions more quickly than the Bitcoin network, meaning that wait times are shorter and transaction processing fees tend to be lower. The Bitcoin Cash network can handle many more transactions per second than the Bitcoin network can. However, with the faster transaction verification time comes downsides as well. One potential issue with the larger block size associated with BCH is that security could be compromised relative to the Bitcoin network. Similarly, bitcoin remains the most popular cryptocurrency in the world as well as the largest by market cap, so users of BCH may find that liquidity and real-world usability is lower than for bitcoin. The debate about scalability, transaction processing, and blocks has continued beyond the fork which led to Bitcoin Cash. In November of 2018, for example, the Bitcoin Cash network experienced its own hard fork, resulting in the creation of yet another derivation of bitcoin called Bitcoin SV. Bitcoin SV was created in an effort to stay true to the original vision for bitcoin that Satoshi Nakamoto described in the bitcoin white paper while also making modifications to facilitate scalability and faster transaction speeds. The debate about the future of bitcoin appears to show no signs of being resolved.
COINBASE:BCHUSDLong
by UnknownUnicorn19246015
4
Bitcoin Cash, Double-Bottom-Breakout, Upcoming Perspectives!Hello Traders Investors And Community, Welcome to this analysis about Bitcoin Cash, we are looking at the 6-hour timeframe perspective. The Cryptocurrency Market divergences increasing these times this is why there are currencies developing very bullish constellations while others are still in more neutral to bearish structures. These divergences between certain currencies are very important to assess to properly line up in the market because it is not the best option to elevate the market into one direction only, therefore it is necessary to distinguish the individual currencies. In Bitcoin Cash, I detected a very interesting formation that already moved into a breakout and has further potentials in the next times. As when looking at my chart now we can watch there how Bitcoin Cash developed this massive double-bottom-formation with the neckline marked in blue. Recently Bitcoin Cash managed to form the breakout above the neckline and show up with some initial solid bullishness in the schedule. Now the next time it is likely that Bitcoin Cash pulls back to confirm the breakout in the neckline again as it is shown in my chart with the blue back-up-zone where several supports coming together. When Bitcoin Cash shows up with such a price-action and finally bounces to the upside from this zone it will be a good setup for the further continuations and approaches of the upside-targets marked in my chart at the orange level. Thank you everybody for watching the analysis, great contentment for everybody supporting, all the best! "Good luck is when opportunity meets preparation." Information provided is only educational and should not be used to take action in the market.
COINBASE:BCHUSD
by VincePrince
8
BITCION DROP SETUPHello mates, Its the moment for some bearish time on the BTC, I am seeing a clear pattern on the daily and H4 timeframe all are indicating a bearish moment of BTC. On my setup illustration, I showed an (SMS) which mean a failure in creating a new swing high, and then a (BOS) which should be familiar to most traders as a break in the structure and BTC has been ranging in between the 50k to 60k for the previous 21days which shows some sing that BTC need a much deeper pullback after coming back to the (SMS) the last candle which proved to be engulfing candle with has much potential of dropping the BTC to 50k or 46K or even more, but for me, that is my target zone. I will update this idea with much clear view on the daily TF.
BITSTAMP:BTCUSDLong
by Legend_yy_chazali
10
Bitcoin Cash (BCH) - April 4Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also ask for the "Like" clock. Have a nice day. ---------------------------------- We have to see if we can get support at 517.72 and climb above 556.08. If it falls, you need to make sure you get support at 486.83. If it falls from the 435.70 point, a Stop Loss is required to preserve profit and loss. It remains to be seen if the CCI line can rise more than 100 points on the CCI-RC indicator. The next volatility period is around April 8. ---------------------------------- (BCHBTC 1D chart) You should watch for any movement that deviates from the 0.008467-0.009703 section. In particular, we have to see if it can rise above the 0.010236 point. -------------------------------------- If you look at the charts of most of the major coins, they are either rising near their previous highs or exceeding their previous highs. These rises are expected to rise even more when the BTC price rises above 60K and moves towards 70K. However, if the BTC price fails to rise to 60K, it is expected that it will eventually turn into a downtrend, so careful trading is necessary. Currently, BTC is in the period of volatility, and the coin market is in the overheating zone. In this market situation, if you enter along with rising prices, the rate of return may be negative. The coin price is recording positive, but the yield of the coin I bought is negative. Therefore, if you are not familiar with day-to-day trading or short-term trading, it is recommended to enter when the coin price declines and then moves sideways and shows support at some point. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for the sake of convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day. G1: Closing price when closed G2: Cigar at the time of opening (Example) Gap (G1-G2)
KRAKEN:BCHUSD
by readCrypto
6
BCH - What happens next?Hi, this is my new update for BCH. Last week we saw BCH held the SMA100 very well and today we finally broke the SMA50 and we have already backtested. In my last update, I told you we have reached bottom for BCH and that was because we got a double bottom in RSI, a double bottom in MACD and a beautiful double bottom in the chart. Now we are getting ready for resistance $620-630 and once we get above it, then we are ready for resistance $725-730. So be prepared and don't PANIC ;)
BITSTAMP:BCHUSDLong
by GOAT1375
1
Bitcoin Cash Ready To Cash In!? 💰BCH has tested this $550 resistance zone 10+ times over the past few months. The Three times we managed to break/close above on the Daily saw big moves. This is also the edge of the HVN on the daily chart. Over $550 BCH can see 600-607 which serves as another strong resistance. If we can get through those price levels we open $700 lvls. The trickiest part about BCH on Kraken is the volume. The month of March has shown little volume into BCH on the kraken platform compared to previous months. BCH has been chopping about in the $460-$550 range since end of February and is gearing up for bigger move. I am only interested in BCH as a momentum play above $550. We have failed here multiple times as shown by the chart highlighted in pink. If we fail I expect to see $530 and some consolidation. If it can hold above the EMA clouds on the Daily chart though and then retest $550 I will be watching. Watch that volume! If we can start to see 15,000+ of volume it might be signaling a large move. PT: First PT will be the $600-$607 lvls, this would give roughly 10% move. SL: For the stop loss you could risk off of failure of $550 or $530 depending on your risk tolerance. GL!
KRAKEN:BCHUSDLong
by DOpeTrades
1
BCHUSDT Movement - Breakout & Pullback to BUYing ZoneDear All Hi Hope All is Well With you as you know : its NOT a FINANCIAL ADVISE , its Just a PERSONAL IDEA so here we have : as you see in chart : after Breakout from TRiangle , we have 3 Resistance Line Ahead , but before everything we may face a pullback to buy zone ( az i mentioned in Chart ) my Personal Idea is to Enter the trade after reaching BUY ZONE and then we gonna go higher , and break the Short time resistance line Lets sit and watch Have a Good TRADay please LIKE and FOLLOW if you LIKE my IDEA Regards PeymanMo
by PeymanMo