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Bitcoin Cash / TetherUS

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BCHUSDT trade ideas

BCHThe BCH cryptocurrency has been very volatile lately. But this growth was more like speculative manipulation. Because there were no fundamental arguments for such volatility. Nevertheless, growth exceeded the 200% mark. Moving clearly within the boundaries of the ascending channel. Now the chart shows a breakdown of the structure. And the price moves below the resistance level of the descending pennant. I already went to SHORT at $293. I recommend that you also consider this trading signal for trading futures in SHORT!!!
Short
by TradingForProfitPro
Bitcoin Cash aspire to the moon.Hi guys, let's review the current situation on Bitcoin Cash. Bitcoin Cash continue to crash all resistance levels one by one and aspire to the moon. For the last couple weeks BCH price increased by over 200% and trading above 300 at the moment. To be honest I didn't expect this huge rise and it was very much surprising to me. Overall, I expected that BCH will rise but not so much. As I see there is only one main resistance remained on its course. I indicated this resistance area from 390 to 420. Also, take a note on weekly volume. It's extremely high and usually after such huge volume we can expect some price correction. Let's see how far BCH price can go. If this post is useful to you, you can support me with like/boost and leave comments below. Many thanks.
by Real_CryptoRoy
3
BCH/USDT are we finished with that dump? Hey traders 👋 BCH is making some interesting moves here where price is just pushing and pushing to break that last Support which is holding the price up. We see a good potential here for a nice correctional movement as we just got out liquidity grab movement as well - keeping a eye on this on as well! If you like ideas provided by our team you can show us your support by liking and commenting. Yours Sincerely, Swallow Team Disclamer: We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
Long
by SwallowAcademy
20
BCHUSDT ---> %78 PROFIThello guys... There is such thing as a free lunch :) as you can see bch broke the descending wedge after that did a sharp move and at the same time, it broke the previous resistance level If the price retraces to $174 level you can get a long position and hold it until $316! _______________________________ always do your research. If you have any questions, you can write them in the comments below, and I will answer them. And please don't forget to support this idea with your likes and comment
Long
by melikatrader94
18
Overview of accumulation breakout patternsWelcome to my new educational post As you can see in BCH/USDT chart, One weekly green candle is enough to overcome 1 year of bear/consolidation zone !! If you are surprised, let me tell you this is very normal behavior in crypto market as we saw this happened many times before Another example : DOGE / USD When to expect a coin to explode like that ? The accumulation pattern have many stages 1- After a period of bear market starts to deccelerate the price action becomes flat and usually take long time of horizontal accumulation between main supply and main demand (weeks / months / years ) 2- Multiple fakeouts can happen to make both buyers and sellers exhausted *The best buy (smart money) after the price reclaim the main demand after stoploss taken the second best buy after valid breakout (candle closing) The shorting is the vice-versa 3 - Finally the strong breakout take place and overcome many weeks / months or even years of bear / consolidation/ accumulation zone 4- After the coin make breakout many traders will avoid it in the early breakout but it will continue rise and rise ..and every time it rises more it becomes more risky Later it will turn to be crowded coin and many newcomers buy it at very high prices at this stage it becomes a gamble and MM will sell their profits on newbies Note : The distribution phase is the opposite of accumulation phase Note : not all coins can survive bear market, So the fundamental view has great role to support the coin I can tell you about potential coins in accumulation now which have chance to do similar thing : #FTT - #DYDX DO you know another potential coins in accumulation ? Tell me in comment section below ⬇️
Education
by Babenski
49
🔥 Bitcoin Cash Hedging Trade After Huge Bullish MoveBCH has been making crazy gains over the last two weeks. This happened mostly during a period of sideways price action of Bitcoin. Although the market is very bullish over the long-term, I think it's wise to protect against a sudden dump. I chose BCH because it has been severely outperforming the market recently, even hitting a daily RSI of 89 at some point. The argument is that BCH has to do some mean-reversion at some point. In addition, once the market starts dumping it can give back all its gains very quickly. My overall view on the market is still bullish, but building in some protection is never a bad idea.
Short
by FieryTrading
22
Look at BTC ! Golden Hoop Stick !Look at BTC ! Golden Hoop Stick ! Bitcoin Cash has risen sharply in the last two weeks, which is exactly the time point of the first anniversary of Bitcoin Cash cash from June 2022! Now the strong pressure of Bitcoin Cash cash is 344.52 in the week of April 18, 2022; Now the strong support of Bitcoin Cash cash is at the opening price of 188.91 in the week of June 6, 2022! Normally, the real starting time for a variety to enter the long-term horizontal market is generally about 3 years. The recent surge of Bitcoin Cash cash will wait and see whether it is a long time to roll over or really get up!
by Think_More