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$BCH /USDT Trading Signal - Bullish Momentum Toward Resistance? 🚀🔥
Entry Range: $460.0 - $463.0
Target 1: $470.0 🎯
Target 2: $480.0 🚀
Target 3: $495.0 🔥
Stop Loss: $450.0
Market Analysis:
$BCH has gained over 5% in the past 24 hours, with strong bullish momentum pushing the price to a high of $463.2. The 7-day moving average at $457.3 is providing solid support, signaling potential continuation toward the next resistance at $470.0.
Pro Strategy:
Take partial profits at each target to secure gains and mitigate risk.
Adjust stop-loss to breakeven once Target 1 is achieved to ensure a risk-free trade.
Momentum Watch:
A sustained move above $470.0 with strong volume could lead $BCH toward $495.0. Monitor closely for any pullbacks or rejection near resistance levels.
#BCHUSDT #CryptoSignals #BinanceMegadrop #BreakoutAlert #CryptoMomentum
Entry Range: $460.0 - $463.0
Target 1: $470.0 🎯
Target 2: $480.0 🚀
Target 3: $495.0 🔥
Stop Loss: $450.0
Market Analysis:
$BCH has gained over 5% in the past 24 hours, with strong bullish momentum pushing the price to a high of $463.2. The 7-day moving average at $457.3 is providing solid support, signaling potential continuation toward the next resistance at $470.0.
Pro Strategy:
Take partial profits at each target to secure gains and mitigate risk.
Adjust stop-loss to breakeven once Target 1 is achieved to ensure a risk-free trade.
Momentum Watch:
A sustained move above $470.0 with strong volume could lead $BCH toward $495.0. Monitor closely for any pullbacks or rejection near resistance levels.
#BCHUSDT #CryptoSignals #BinanceMegadrop #BreakoutAlert #CryptoMomentum
$BCH /USDT Trading Signal – Eyeing Momentum at $458 Resistance?
Entry Zone: $450.0 – $454.0
Targets:
Target 1: $458.6
Target 2: $465.0
Target 3: $472.0
Stop Loss: $435.0
Observation:
$BCH /USDT has surged from a low of $435.9 to test the $458.6 resistance, signaling strong bullish momentum. A break above $458.6 could propel prices toward $465 and beyond. Short-term consolidation near $452 may provide another entry point for continuation.
Trading Strategy:
Secure partial profits at Target 1 to manage risk.
Adjust stop loss to breakeven after reaching Target 1.
Keep an eye on rejection or breakout behavior near $458 for further market cues.
#BCHUSDT #CryptoTrading #Binance #Altcoins #Write2Earn!
Entry Zone: $450.0 – $454.0
Targets:
Target 1: $458.6
Target 2: $465.0
Target 3: $472.0
Stop Loss: $435.0
Observation:
$BCH /USDT has surged from a low of $435.9 to test the $458.6 resistance, signaling strong bullish momentum. A break above $458.6 could propel prices toward $465 and beyond. Short-term consolidation near $452 may provide another entry point for continuation.
Trading Strategy:
Secure partial profits at Target 1 to manage risk.
Adjust stop loss to breakeven after reaching Target 1.
Keep an eye on rejection or breakout behavior near $458 for further market cues.
#BCHUSDT #CryptoTrading #Binance #Altcoins #Write2Earn!
$BCH /USDT Trading Signal – Testing Resistance at $458.6?
Entry Zone: $450.0 – $454.0
Targets:
Target 1: $458.6
Target 2: $465.0
Target 3: $472.0
Stop Loss: $435.0
Observation:
$BCH /USDT has rebounded strongly from $435.9, signaling bullish momentum as it approaches the $458.6 resistance. A breakout above this level may push the price toward $465 and $472. Watch for potential pullbacks near $450 for new entry opportunities.
Trading Strategy:
Secure partial profits at Target 1 to manage risk.
Adjust stop loss to breakeven after hitting Target 1.
Monitor price action near $458.6 for breakout or rejection signs.
#BCHUSDT #CryptoTrading #Binance #Altcoins #Write2Earn!
Entry Zone: $450.0 – $454.0
Targets:
Target 1: $458.6
Target 2: $465.0
Target 3: $472.0
Stop Loss: $435.0
Observation:
$BCH /USDT has rebounded strongly from $435.9, signaling bullish momentum as it approaches the $458.6 resistance. A breakout above this level may push the price toward $465 and $472. Watch for potential pullbacks near $450 for new entry opportunities.
Trading Strategy:
Secure partial profits at Target 1 to manage risk.
Adjust stop loss to breakeven after hitting Target 1.
Monitor price action near $458.6 for breakout or rejection signs.
#BCHUSDT #CryptoTrading #Binance #Altcoins #Write2Earn!
Here’s a trading signal post for the BCH/USDT pair based on the uploaded chart:
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$BCH/USDT Trading Signal - Momentum Breakout!
Entry Range: $450.0 - $453.0
Target 1: $458.5
Target 2: $465.0
Stop Loss: $445.0
Market Observation:
BCH/USDT has displayed strong bullish momentum, breaking out from the $435.9 low and reaching a high of $458.6. The Parabolic SAR confirms a bullish trend, while the price consolidates near $451.0, indicating potential for further upward movement.
Next Potential Move:
A breakout above $453.0 could lead to retests of the $458.5 resistance. If momentum continues, BCH may aim for $465.0 as the next target.
Action Plan:
Secure partial profits near $458.5 to lock in gains.
Adjust stop-loss levels to breakeven once the first target is achieved for risk management.
---
#CryptoTrading #BCHUSDT #Binance #BitcoinCash #BTCMove
---
$BCH/USDT Trading Signal - Momentum Breakout!
Entry Range: $450.0 - $453.0
Target 1: $458.5
Target 2: $465.0
Stop Loss: $445.0
Market Observation:
BCH/USDT has displayed strong bullish momentum, breaking out from the $435.9 low and reaching a high of $458.6. The Parabolic SAR confirms a bullish trend, while the price consolidates near $451.0, indicating potential for further upward movement.
Next Potential Move:
A breakout above $453.0 could lead to retests of the $458.5 resistance. If momentum continues, BCH may aim for $465.0 as the next target.
Action Plan:
Secure partial profits near $458.5 to lock in gains.
Adjust stop-loss levels to breakeven once the first target is achieved for risk management.
---
#CryptoTrading #BCHUSDT #Binance #BitcoinCash #BTCMove
$BCH / USDT On the Move! Quick Gains Ahead!🎁
The $BCH / USDT trading pair is currently showing a sharp decline, with the price at $422.8, reflecting a -3.54% drop over the last 4 hours. The downward trend indicates increased selling pressure in the market.
Key Observations:
The price has fallen significantly from the recent highs near $490.A sharp sell-off led to a decline below key support levels, now testing the $420-$430 range.
Technical Analysis:
Support Zone: The $420 mark is a crucial support level. A break below this could lead to further downside.Resistance Level: The $440-$450 range now acts as resistance in the short term.Trend Analysis: The chart shows a clear bearish trend, with red candles dominating the recent sessions.
Performance Insights:
The rapid price drop suggests possible market corrections or broader negative sentiment affecting Bitcoin Cash (BCH).Traders should watch for a potential rebound or continued decline.
Trading Tip:
Short-Term Traders: Monitor the $420 support closely for potential entries or exits.Long-Term Investors: Keep an eye on market fundamentals and broader cryptocurrency trends for a clearer outlook.
📢 Stay updated on BCH/USDT and trade responsibly!
#Binance #BCHUSDT #CryptoTrading #MarketUpdate
The $BCH / USDT trading pair is currently showing a sharp decline, with the price at $422.8, reflecting a -3.54% drop over the last 4 hours. The downward trend indicates increased selling pressure in the market.
Key Observations:
The price has fallen significantly from the recent highs near $490.A sharp sell-off led to a decline below key support levels, now testing the $420-$430 range.
Technical Analysis:
Support Zone: The $420 mark is a crucial support level. A break below this could lead to further downside.Resistance Level: The $440-$450 range now acts as resistance in the short term.Trend Analysis: The chart shows a clear bearish trend, with red candles dominating the recent sessions.
Performance Insights:
The rapid price drop suggests possible market corrections or broader negative sentiment affecting Bitcoin Cash (BCH).Traders should watch for a potential rebound or continued decline.
Trading Tip:
Short-Term Traders: Monitor the $420 support closely for potential entries or exits.Long-Term Investors: Keep an eye on market fundamentals and broader cryptocurrency trends for a clearer outlook.
📢 Stay updated on BCH/USDT and trade responsibly!
#Binance #BCHUSDT #CryptoTrading #MarketUpdate
$BCH / USDT Heating Up: Seize the Moment!📊
Bitcoin Cash ( $BCH ) is currently trading at $468.0, showing a daily decline of -1.62%. The market is experiencing short-term bearish momentum, with the price nearing its 24-hour low of $467.6.
🕒 15-Min Chart Highlights:
The short-term chart reveals a downward trend, with sellers dominating the market. The recent red candle reflects increased selling pressure, pushing the price closer to the $467 support level.
📈 Key Metrics:
24h High: $483.124h Low: $467.624h Volume (BCH): 45,422.9324h Volume (USDT): 21.67M
📆 Performance Across Time:
7 Days: +4.65% 🚀30 Days: -23.85% 📉90 Days: +44.61% 🚀180 Days: +42.49% 🔥1 Year: +99.23% 🚀
💡 Market Insight:
While BCH has shown remarkable growth over the past year (+99.23%), the short-term bearish sentiment could provide buying opportunities for traders at critical support levels. Keep an eye on $467 for a potential rebound or further dips.
🔔 Trader’s Note: What’s your outlook for BCH? Will it hold above the $467 level or test new lows? Share your thoughts!
#Binance #CryptoTrading #BCHUSDT #CryptoAnalysis
Bitcoin Cash ( $BCH ) is currently trading at $468.0, showing a daily decline of -1.62%. The market is experiencing short-term bearish momentum, with the price nearing its 24-hour low of $467.6.
🕒 15-Min Chart Highlights:
The short-term chart reveals a downward trend, with sellers dominating the market. The recent red candle reflects increased selling pressure, pushing the price closer to the $467 support level.
📈 Key Metrics:
24h High: $483.124h Low: $467.624h Volume (BCH): 45,422.9324h Volume (USDT): 21.67M
📆 Performance Across Time:
7 Days: +4.65% 🚀30 Days: -23.85% 📉90 Days: +44.61% 🚀180 Days: +42.49% 🔥1 Year: +99.23% 🚀
💡 Market Insight:
While BCH has shown remarkable growth over the past year (+99.23%), the short-term bearish sentiment could provide buying opportunities for traders at critical support levels. Keep an eye on $467 for a potential rebound or further dips.
🔔 Trader’s Note: What’s your outlook for BCH? Will it hold above the $467 level or test new lows? Share your thoughts!
#Binance #CryptoTrading #BCHUSDT #CryptoAnalysis
BCH/USDT 5H Chart: A Storm is Brewing!
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🚨 Consolidation in Focus: The descending triangle is taking center stage as BCH/USDT tightens its range. Lower highs and lower lows are paving the way for a decisive breakout, with price action gravitating toward a critical support zone.
Sellers are pressing their advantage in this persistent downtrend. The narrowing moves signal a build-up of energy, with momentum indicators flashing signs that a breakout or breakdown could be imminent.
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Liquidity Magnet: Eyes on the $466 Level
The market is a magnet for liquidity, constantly pulling price toward zones of concentrated activity. Currently, the downward trend is paving the way toward the $466 level, where significant liquidity resides. This area stands out as a prime target in the prevailing market momentum, and all signs point to its gravitational pull shaping the flow.
Signal Type : Short
Entry: 471.1 or market price
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1st Tp: 468.5
2nd Tp:466.4
3rd tp : 464.6
SL: 474.2
Signal Type : LONG
Entry: 0.0000216 or market price
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1st Tp: 0.00002219
2nd Tp:0.00002389
SL: 0.00002012
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#bchusdt #BCH！ #TradeNTell #Write2Earn
$BCH
🚨 Consolidation in Focus: The descending triangle is taking center stage as BCH/USDT tightens its range. Lower highs and lower lows are paving the way for a decisive breakout, with price action gravitating toward a critical support zone.
Sellers are pressing their advantage in this persistent downtrend. The narrowing moves signal a build-up of energy, with momentum indicators flashing signs that a breakout or breakdown could be imminent.
👉Just click on my profile to join my live👈
Liquidity Magnet: Eyes on the $466 Level
The market is a magnet for liquidity, constantly pulling price toward zones of concentrated activity. Currently, the downward trend is paving the way toward the $466 level, where significant liquidity resides. This area stands out as a prime target in the prevailing market momentum, and all signs point to its gravitational pull shaping the flow.
Signal Type : Short
Entry: 471.1 or market price
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1st Tp: 468.5
2nd Tp:466.4
3rd tp : 464.6
SL: 474.2
Signal Type : LONG
Entry: 0.0000216 or market price
👉👉JOIN MY LIVE STREAM FOR PREMiUM SIGNALS👈🏻👈🏻
1st Tp: 0.00002219
2nd Tp:0.00002389
SL: 0.00002012
👉Just click on my profile to join my live👈
#bchusdt #BCH！ #TradeNTell #Write2Earn
$BCH
BOOMMMMM !!!..
BCH$BCH Bitcoin cash is flying
2 days ago shared signals for to take long position at $BCH Bitcoin cash at our platform @Ksatria crypto and you can check price now ,,, flying
congratulations for our follower who followed our signals at $BCH
#BCH #bchusdt #Write2Earn #Write2Earn! #signal
BCH$BCH Bitcoin cash is flying
2 days ago shared signals for to take long position at $BCH Bitcoin cash at our platform @Ksatria crypto and you can check price now ,,, flying
congratulations for our follower who followed our signals at $BCH
#BCH #bchusdt #Write2Earn #Write2Earn! #signal
😍😍BCH PUMP ALERT 😍😍
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Signal type-LONG
COIN NAME- #bchusdt
I can see BCH created a falling wadge in shorter timeframe. It's a bullish pattern. Now bch retesting down support line it will touch upper line again. So that it's a perfect time for open a long position.
entry price- 260
1st tp- 270
2nd tp- 275
3rd tp- 280
4th tp- 287
leverage 10x
sl- 257
leverage is 5X IF YOU HAVE ENOUGH FUND USE 10X LEVERAGE.
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#Write2Earn #BCHUSD #BCH/USDT
Join my live stream for premium signal.🤩
Signal type-LONG
COIN NAME- #bchusdt
I can see BCH created a falling wadge in shorter timeframe. It's a bullish pattern. Now bch retesting down support line it will touch upper line again. So that it's a perfect time for open a long position.
entry price- 260
1st tp- 270
2nd tp- 275
3rd tp- 280
4th tp- 287
leverage 10x
sl- 257
leverage is 5X IF YOU HAVE ENOUGH FUND USE 10X LEVERAGE.
If you want to get premium signal daily like this 2-4 Do 2 step
1. join my binance live you will get more information what you have to do for premium signal.
2. Just click on my profile picture to join my binance live stream I will add a picture
#Write2Earn #BCHUSD #BCH/USDT
🚨🚨 BCH BITCOIN CASH UPDATE
bch halving is about to happen in 3 days . currently trading at 680 with an increase of 14% which is super bullish . Expected to reach 900$ or above 1000$ before halving .
i bought at 403 holding till halving .
Bch will surprise everyone also be careful after halving could be sell the news event so do your research . it could fell significantly after halving because in previous halving it happened due to sell pressure of miner bch fell down very sharply so be careful .
#bchusdt #WIF #sui #APT #TrendingTopic."
bch halving is about to happen in 3 days . currently trading at 680 with an increase of 14% which is super bullish . Expected to reach 900$ or above 1000$ before halving .
i bought at 403 holding till halving .
Bch will surprise everyone also be careful after halving could be sell the news event so do your research . it could fell significantly after halving because in previous halving it happened due to sell pressure of miner bch fell down very sharply so be careful .
#bchusdt #WIF #sui #APT #TrendingTopic."
Bitcoin Cash Technical Analysis: Key Indicators Point to Pivotal Movement
$BCH
Bitcoin Cash #bchusdt is currently trading around 394.4 USDT, demonstrating a recovery from its recent lows. The price has been consolidating within a range of 320 USDT to 360 USDT, establishing this zone as a critical support area. Currently, BCH is testing a long-term descending trendline that extends from the April highs near 700 USDT. The immediate resistance is observed around the 400-420 USDT range, coinciding with the 200-day moving average (MA) at 403.8 USDT. A breakout above these levels could signal a bullish reversal, potentially targeting the next significant resistance level at 500 USDT, where prior support may act as resistance. The Relative Strength Index (RSI), standing at 55.38, suggests there is still room for upward movement before hitting overbought conditions, while the MACD has shown a bullish crossover, indicating positive momentum.
Bullish Scenario:
For a bullish scenario to unfold, BCH must break and sustain above the 400-420 USDT resistance range and the 200-day MA at 403.8 USDT. This breakout, supported by increasing volume, would confirm a shift in market sentiment, potentially leading to a rally towards 500 USDT and beyond. The RSI, currently neutral, could support further gains before reaching overbought levels.
Bearish Scenario:
Conversely, if BCH fails to break above the critical resistance levels and falls back below the 360 USDT mark, the bearish trend may continue. A drop below the established support zone of 320-360 USDT could lead to a further decline towards the 280 USDT area or even lower. The bearish sentiment would be reinforced if the volume decreases or if the MACD begins to turn downwards, indicating weakening momentum.
Disclaimer: The information and publications are not meant to be and do not constitute financial, investment, trading, or other types of advice or recommendations supplied or endorsed by 6thTrade
#ETH_ETFs_Trading_Today #Bitcoin_Coneference_2024 #6thTrade #Market_Update
$BCH
Bitcoin Cash #bchusdt is currently trading around 394.4 USDT, demonstrating a recovery from its recent lows. The price has been consolidating within a range of 320 USDT to 360 USDT, establishing this zone as a critical support area. Currently, BCH is testing a long-term descending trendline that extends from the April highs near 700 USDT. The immediate resistance is observed around the 400-420 USDT range, coinciding with the 200-day moving average (MA) at 403.8 USDT. A breakout above these levels could signal a bullish reversal, potentially targeting the next significant resistance level at 500 USDT, where prior support may act as resistance. The Relative Strength Index (RSI), standing at 55.38, suggests there is still room for upward movement before hitting overbought conditions, while the MACD has shown a bullish crossover, indicating positive momentum.
Bullish Scenario:
For a bullish scenario to unfold, BCH must break and sustain above the 400-420 USDT resistance range and the 200-day MA at 403.8 USDT. This breakout, supported by increasing volume, would confirm a shift in market sentiment, potentially leading to a rally towards 500 USDT and beyond. The RSI, currently neutral, could support further gains before reaching overbought levels.
Bearish Scenario:
Conversely, if BCH fails to break above the critical resistance levels and falls back below the 360 USDT mark, the bearish trend may continue. A drop below the established support zone of 320-360 USDT could lead to a further decline towards the 280 USDT area or even lower. The bearish sentiment would be reinforced if the volume decreases or if the MACD begins to turn downwards, indicating weakening momentum.
Disclaimer: The information and publications are not meant to be and do not constitute financial, investment, trading, or other types of advice or recommendations supplied or endorsed by 6thTrade
#ETH_ETFs_Trading_Today #Bitcoin_Coneference_2024 #6thTrade #Market_Update
⚡⚡ #BCH/USDT ⚡⚡
Signal Type: Regular (Long)
Leverage: Cross (20.0X)
Entry Targets:
1) 234.9 ✅
2) 233.2
Take-Profit Targets:
1) 236.1
2) 237.2
3) 239.6
4) 241.9
5) 244.3
6) 246.6
7) 249
8) 251.3
Stop Targets:
1) 216.1
PS : Binance taking around 3-5 minutes to approve posts so it can be up & down. And invest on your own risk market change any second. Also YOU MUST CLOSE YOUR POSITION WHENEVER YOU FEEL TO CLOSE IT
#bchusdt
LIKE, SHARE AND TIP for SUPPORT 😊😊
Signal Type: Regular (Long)
Leverage: Cross (20.0X)
Entry Targets:
1) 234.9 ✅
2) 233.2
Take-Profit Targets:
1) 236.1
2) 237.2
3) 239.6
4) 241.9
5) 244.3
6) 246.6
7) 249
8) 251.3
Stop Targets:
1) 216.1
PS : Binance taking around 3-5 minutes to approve posts so it can be up & down. And invest on your own risk market change any second. Also YOU MUST CLOSE YOUR POSITION WHENEVER YOU FEEL TO CLOSE IT
#bchusdt
LIKE, SHARE AND TIP for SUPPORT 😊😊
#bchusdt
TYPE SHORT 🛑 SELL
ENTRY ⛔ PRICE 273.5/-2.76
TARGET 🎯
270
267
264
260
255
stop loss 277.5
wait for entry 🚫
#Write2Earn #TrendingTopic
TYPE SHORT 🛑 SELL
ENTRY ⛔ PRICE 273.5/-2.76
TARGET 🎯
270
267
264
260
255
stop loss 277.5
wait for entry 🚫
#Write2Earn #TrendingTopic
$BCH
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Do you want to succeed and choose your entry areas with zero reflection ?
Everything is easy
Learn harmonic school ⭐
Zero reflection 〽️
Zero risks 🤝
Do you want to make the same profits‼️
Your success story starts here 👇
WE OFFERS YOU ONE OF THE MOST POWERFUL TRADING STRATEGIES EVER 💎
Do not hesitate, ✍️ to @уυℓια_rσѕє12 and take the first steps to success
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Enjoy this beautiful 👇 painting
$BCH/USDT is gearing up for symmetrical triangle pattern breakout.
Stay tuned!
DYOR, NFA
#BCH.每日智能策略 #bchusdt #BCH.智能策略库🥇🥇 #altseason #bullrun
Stay tuned!
DYOR, NFA
#BCH.每日智能策略 #bchusdt #BCH.智能策略库🥇🥇 #altseason #bullrun
$BCH Skyrockets Ahead of #Halving! Event
#BitcoinCash (BCH) is about to undergo its own halving event, similar to $BTC upcoming halving. The event has historically increased BCH's value, and its price has already jumped 12.72% over the past days.
The sharp rise is due to two main factors. First, the anticipation for the halving event has traditionally reduced new coin generation, potentially increasing scarcity and value. Second, the CFTC's recognition of #bchusdt as a commodity has also boosted its legitimacy and price. For that reason, many expect to rise more in the next few days.
#BitcoinCash (BCH) is about to undergo its own halving event, similar to $BTC upcoming halving. The event has historically increased BCH's value, and its price has already jumped 12.72% over the past days.
The sharp rise is due to two main factors. First, the anticipation for the halving event has traditionally reduced new coin generation, potentially increasing scarcity and value. Second, the CFTC's recognition of #bchusdt as a commodity has also boosted its legitimacy and price. For that reason, many expect to rise more in the next few days.
✅Bitcoin Cash (BCH) on stage: Reminiscent of the Bull run in 2021🌠
Bitcoin Cash (BCH), one of the hardforks of Bitcoin (BTC), winked at the bull run in 2021 with its latest rise.
Bitcoin Cash (BCH), which took the 2021 Bull season by storm, took off after Bitcoin (BTC) broke $57,000. BTC's hardfork, which has been trending upwards for some time, eventually exploded and surpassed $300. BCH, which has a good buyer base with the strength it found from BTC, reminded us of the old bull run. In addition to these, the BCH, which has risen above a critical level from a technical point of view, seems to make a name for itself in the upcoming bullish season.
✅The value of hardforks has manifested itself with the rise of Bitcoin!
Hardforks, which have a significant share in the crypto industry, continue to come to the fore with the volume increases of BTC and ETH. For example, Ethereum, which recently experienced a huge increase with the excitement of the Dencun upgrade, lit the fuse of Ethereum Classic (ETC). When we look at the current situation, the 10 percent appreciation of the BTC in a very short time increased the demand for BCH.
✅The BCH, which has been steadily rising since it pinned to $180, has surpassed $300. The popular coin, which is changing hands at $302.7 at the time of writing, could climb to higher levels if the BTC continues its positive trajectory, harforks are valued more, or BTC dominance falls. In such a scenario, a move to $345.5 – $392.6 – $420.6 – $475.9 and $547.3 can be observed, respectively.
The decline of the BTC, the BTC dominance pushing the upper levels, or a negative news that may come on a sectoral basis will disrupt the balance of the parity. In such a scenario, there may be pullbacks to the range of $296.7 – $258.6 – $213.4 – $184 and $167, respectively. Especially if the $167 – $184 range is lost, a new wave of selling will be at the door for BCH..🔥🚀
$BCH
#bch #bchusdt #TrendingTopic #BTC #ETH
Bitcoin Cash (BCH), one of the hardforks of Bitcoin (BTC), winked at the bull run in 2021 with its latest rise.
Bitcoin Cash (BCH), which took the 2021 Bull season by storm, took off after Bitcoin (BTC) broke $57,000. BTC's hardfork, which has been trending upwards for some time, eventually exploded and surpassed $300. BCH, which has a good buyer base with the strength it found from BTC, reminded us of the old bull run. In addition to these, the BCH, which has risen above a critical level from a technical point of view, seems to make a name for itself in the upcoming bullish season.
✅The value of hardforks has manifested itself with the rise of Bitcoin!
Hardforks, which have a significant share in the crypto industry, continue to come to the fore with the volume increases of BTC and ETH. For example, Ethereum, which recently experienced a huge increase with the excitement of the Dencun upgrade, lit the fuse of Ethereum Classic (ETC). When we look at the current situation, the 10 percent appreciation of the BTC in a very short time increased the demand for BCH.
✅The BCH, which has been steadily rising since it pinned to $180, has surpassed $300. The popular coin, which is changing hands at $302.7 at the time of writing, could climb to higher levels if the BTC continues its positive trajectory, harforks are valued more, or BTC dominance falls. In such a scenario, a move to $345.5 – $392.6 – $420.6 – $475.9 and $547.3 can be observed, respectively.
The decline of the BTC, the BTC dominance pushing the upper levels, or a negative news that may come on a sectoral basis will disrupt the balance of the parity. In such a scenario, there may be pullbacks to the range of $296.7 – $258.6 – $213.4 – $184 and $167, respectively. Especially if the $167 – $184 range is lost, a new wave of selling will be at the door for BCH..🔥🚀
$BCH
#bch #bchusdt #TrendingTopic #BTC #ETH
Bitcoin cash short analysis.
Weekly time frame shows us a rejection at resistant level which then let to an accumulation phase where a rising wedge pattern was form.
Upon close examination of the daily timeframe, a potential breakdown of the local rising wedge pattern suggests more downside, indicating a favorable opportunity for a short position.
The highlighted green zones, on the other hand, serve as favorable areas for initiating buy positions.
#bchusdt #BTC $BCH
Weekly time frame shows us a rejection at resistant level which then let to an accumulation phase where a rising wedge pattern was form.
Upon close examination of the daily timeframe, a potential breakdown of the local rising wedge pattern suggests more downside, indicating a favorable opportunity for a short position.
The highlighted green zones, on the other hand, serve as favorable areas for initiating buy positions.
#bchusdt #BTC $BCH