Get started

Bitcoin Cash / Bitcoin

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Markets

BCHBTC trade ideas

BCHBTC pullback before continuation?BCHBTC could be setting up for a viable long opportunity right now with a possible continuation of the uptrend setting up. Ideally a trader would be looking for a pullback here to the golden pocket which clusters up nicely with the 0.5 line of the previous move. However to some, there is already enough reason to enter, with the break of the previous candle which was somewhat bullish. Either way make sure your stop is set appropriately. A stop behind the bottom of the recent move is still a 10% stop, so adjust position size accordingly. Disclaimer: Bitcoin forks (BCH and SV) aren't really my thing and I don't trade them. But it helps to be aware of what is happening with these coins if you are a proponent of Bitcoin. Also interesting that BCHTC is technically providing a better setup than BSVBTC right now despite SV's hype. BCH has also reclaimed the number 4 spot from SV in market cap.
Long
by mastaplan
Here is My Biggest problem with BCH:BTCHello All, In the past, this has been one of my favorite crypto currencies to trade simply because it was very volatile as it has expansive upward movements that isn't always met with the same aggression downwards making exits simpler. However, I currently have a huge problem with this chart. If you can identify it as well, then, it is probably serving as a nuisance to you as well. The problem is the gap: the reason why this is a problem is that is serves as a true reversal point, and it will be very difficult for price action to pass this region. The gap show true resistance at the BCH:BTC price than BCH:USD and I am not sure why, however, the gap is respected more so on BCH:BTC relationship. Circled in yellow, there is a double top at the median of the gap which was a prior low before a relief rally and an extreme downwards gap (A second downwards trendline is formed here). There is still potential in this chart, as there is a triple bottom which has broken its second down trend. The last second and third bottom form a double bottom in itself with a price objective of 4200 satoshi (~23% increase). There isn't much to be seen in the RSI at the moment, however, once BCH gets going, it moves with strength. I suspect there may be a small consolidation at this price point before an extreme thrust upwards if we do not have a thrust upwards immediately. Otherwise a rejection here would mean that it would be testing prior lows denoted by the green rectangles. (Opacity of the boxes themselves resembles their strength)
by CuddlyCuddles
BCH/BTC TA Update (Breakout Confirmed?)BCH/BTC BCH just closes the day with an engulfing bullish candle and above key resistances. Now that resistance areas are broken, BCH has to do is to confirm this old resistance turning into new support and we can see another 10% move up before it reaches our target zone. But we can't be overconfident even the 200MA is on our side during this uptrend, the RSI is a bit extended be prepared if in case BCH has to retest the upward trend-line support before it continues Higher High.
Long
by PolarHusk
BCH one of the cleanest wyckoff accumulations I have seenBCH is making a beautifull wyckoff accumulation graph. Technicals It has just broken the 200 EMA on the daily and I am expecting a pulback to that EMA or some consolidation in this area followed by a break of the consolidaition area The horizontal resistance here has been tested 5 times already, horizontal support gets weaker every time it has been tested and I believe we will break here All stops on the bottom got ran by the spring so we are ready for upside the USD pair just broke its channel (will post below in update) Fundamentals The Bitcoin cash halving is in 92 days and could bring some fundamental hype to the table to create some upside www.coingecko.com
Long
by RJtradescrypto
#BCH/BTC 103% Massive Potential Profit Don't miss!! Thank you so much for coming up to this chart. Please follow me and like this chart to support my contents. And do share your ideas. We're here to share knowledge right? Let's get to the chart. BCH has been trying to break the long term Resistance line R1 and R2 since very long and finally it has broken the resistance. It seems we can have a massive rally in BCH soon. For that to happen the only thing we need is the break above that red horizontal resistance which will take us to the Long term targets as highlighted with dotted green lines. It's also trading above 50D and 200D MA after a long time which is again a bullish sign. Let's see how it goes. Keep learning :) #Peace If you think there could be another way for the move do share your ideas and contents.
by Cryptorphic
BCH ANALYSIS (SHORT THE TOP!)BCH ANALYSIS BCH has been ranging inside an upward channel for some time. I expect this to be the top, as a bearish divergence had formed on the daily form the past top and this current top. I expect the channel to break down and would recommend a short from this position. Looking for drop back to channel bottom trend at T1 of .03125. The breakdown of the channel would bring in the next target profit of T2 at .0301 and on to the final target at the hanging 50 MA at T3 of .0285. The daily resistance should hold and BCH should see a retrace outside of the upward channel. STOCH has been bearish since before the recent pump and RSI is fading. Expect the retrace to come over the weekend and into next week. Possible Short Entries: .0323
Short
by altchicasignals