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Thread: BCH/USD

  1. #1
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    BCH/USD


    Bitcoin Cash is a "fork" of bitcoin, which was created with limitations for block size of bitcoin in blockchain.


    Technical Analysis. forecasts,opinions, trading recommendations for BCH/USD

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  2. #11
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    This currency pair is move below the gray middle target line which is sign of this pair weakness and wrslow color is also red which is give us a good selling opportunity on this pair. Its basically move within side ways channel and move within this tight range. we must need care to trade on it and only follow it when you are see low risky trade on it.

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  3. #12
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    In h1 time frame price of market is move towards three time its pivot point but all time its not cross it and now dss is move down side and its color is red which is tell us its down side trend. Its first target is support one and second target is support 2 level but the chart are show us market is move upside from support two level and its must reach first resistance level at 440.96 price.
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    431.98 has so much price action that suggest the bears have lost their grips, did you notice the number of the pin bars which formed whenever price attacks this level, that is show of strength from the buyers, telling the sellers this is a no go zone, they are defending it with all their strength and ability, I sincerely hope the bulls remain in charge for a long time.

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  5. #14
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    R3 442.78 R2 439.92 R1 437.28 Pivot 434.42 S1 431.78 S2 428.92 S3 426.28
    ForexscannerPro Red

    Market of this currency pair is move below the pivot point and its h1 candle close the below the first support and Forex pro scanner is also show us red color and below the zero which means now this pair is more down side movement is come and I think its move towards the thirld support within next few hours which is at 426.28.

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  6. #15
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    BCH/USD

    This pair is trap between the upper and the lower trend line, it has been ranging for days now and we will need a clear break out for us to know what is happening there it got as high as 657.25 in September and fell to 405.35 in the same September just a wek in between and it has been unable to move past either side since then.
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    Its trend is upside which Rsi is show us but MTF is show the down trend of this pair. This market is already touch today the support level which is at 429.05 blue line and the now its move towards the resistance red line which is at 442.65 and Now its start to move to follow its resistance red line within next few hours.
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    BCHUSD made a huge fall which was quite unexpected from the 9th of October, whatever caused that crash is still in force, the price has not attained such heights again, it should cross 472 before some buying can happen, also that is just below where the 200 EMA lies, some fundamental news is what it will take to make that move above the moving average, we should not be waiting for buying except this event happens with the Cryptocurrency.


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    BCH is move above the support -0/8 Support level which is at 424.83 level and now its resistance is 0/8 P red resistance line at 500 price. Its chance now this marke is move towards its resistance where we can place the take profit level. Now its move within very tight range that is reason I wait for a upside breakout for this trade entery.

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  10. #19
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    BCHUSD managed to tank to 428.28 from the previous low point, of 431.71 however it has even come to this same support to find some buyers that would take it up, like they would say in the CryptoCurrencies atmosphere the Moon, which is a situation where price of a coin shoots up astronomically to a point that is parabolic in nature, 437.02 is the next bus stop for this pair, the question now is, can it pull that stunt again?

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  11. #20
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    BCHUSD range is 430.98 to 439.60 levels and 430.98 is strong support level and 439.60 is strong resistance level for this instrument. Now I see that market price is not be able to breakout its support 430.98 and its move above it from last day. This is sign this market is now start to move to follow its resistance 439.60 which is my take profit point.

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