@Khant
edited
Shorterm Bullish Cycle started for BitcoinCash!
I saw this coming as I published **BCH** Long Idea on my TradingView at ****240******$** but I got busy and couldn't write about it before it broke out from local resistance. https://www.tradingview.com/chart/BCHUSDT/lNLO94t6-Incoming-BCH-shortterm-pump-to-260-zone/ https://www.tradingview.com/u/tikyikhant/ So what is next for **BCH**?
This is the **1**D chart of **BCH /USDT** where we can see volume spike in today candle with breaking above fractal resistance (****243.31**** **USDT).**Daily Candle will close in **4** hours ,so it must remain above ****243**** or otherwise it will be a fake out candle. If **BCH** can maintain above ****243**** then nearest resistances are ****258-265**** **USDT.** **So where would I suggest buying the pullback?** Buy around ****244-246**** **USDT** After that,there is one thing that's almost certain which is it will hit the red box(****260-265**** Zone). I know these targets are too **undervalued** for most of us here.This is just for short term price analysis .So for midterm holders,****270**** **USDT** must be broken to reach the next resistance ****304**** **USDT .** For Longterm (1st resistance being *****500***** ***USDT***) price Analysis ,please read my other article here. ****BCH/BTC**** https://read.cash/@Khant/thank-you-bitcoincash-community-for-this-amazing-site-but-is-bch-finito-3ced695f
Long story short , main resistance being at ****26500**** satoshis.If **BCH** can breakout that resistance then it will go as the arrow described. Also another confirmation for this arrow path.
It's now above ****50**** **EMA(Red)** and **Baseline** resistance of **Ichimoku Cloud.** **Breaking above** ****33000**** **sats can lead to massive breakout up to** ****45,000**** **sats.** **Here is why** ****BCH/BTC****
****33,000**** **sats** being the red box area which defines **the Cup and Handle formation** similar to **ETH** I have signalled before the pump in my other article here . ****ETH/BTC**** https://read.cash/@Khant/eth-at-final-resistances-before-the-moon-21053331
So in conclusion,I believe that **BCH's** market cycle has started to become bullish.Good days ahead for **BCH** community. That's all I wanna share for now.Please ask me anything if u got any questions/share me ur thoughts. Thanks for Reading. Read.cash Communities All About Crypto ;**https://read.cash/c/all-about-crypto-0c1c** Crypto Trading Analysis/Fundamental Analysis:**https://read.cash/c/crypto-trading-analysisfundamental-analysis-d43f** Football :**https://read.cash/c/football-97db** If you want more of these setups,follow me on tradingview where I usually posts charts there https://www.tradingview.com/u/tikyikhant/ Join our Whales Trading **Discord** Group.(Yes it is free for all) http://discord.gg/kHQSzdE Read.cash Communities All About Crypto ;**https://read.cash/c/all-about-crypto-0c1c** Crypto Trading Analysis/Fundamental Analysis:**https://read.cash/c/crypto-trading-analysisfundamental-analysis-d43f** Football :**https://read.cash/c/football-97db** -Earn **USDT** (ERC 20) Just by signing in daily .Learn here . https://read.cash/@Khant/earn-usdterc-20-just-by-checking-in-daily-verified-32f6dff4 -Still using Laggy Broswers like Chrome/Opera & Firefox?Uninstall them at once and Install Better Browser with AD blocker Brave . -Get paid for searching on web with **Presearch** . -Blockchain game **LibraDragon** ,play and earn Libra tokens .Learn here. https://brave.com/mqv544 https://presearch.org/signup?rid=1766597 https://read.cash/@Khant/blockchain-game-libradragon-play-earn-ldt-091448d8
17 comments
Thanks for sharing this article
you're welcome
I like your style. More of this please
XDDDD ur comment makes me motivated,thought ppl dont appreciate it
I do appreciate it. You keep doing this good works.
This is really cool
Its nice and informative bro, thank you for Publishing
:D glad it was helpful
☺☺☺☺
https://www.tradingview.com/x/5tvRYSon/ WE MOVEEE! It's happening!
Thank you so much for the information. If it will going to be true. Then a good news for BCH community
Guys join the communities I created and trading discord(get the link in post) Read.cash Communities All About Crypto ;https://read.cash/c/all-about-crypto-0c1c Crypto Trading Analysis/Fundamental Analysis:https://read.cash/c/crypto-trading-analysisfundamental-analysis-d43f Football :https://read.cash/c/football-97db
This is highly expected as the number 1 crypto, BTC is bullish presently so also major altcoins like BCH, ETH and LTC.
I called every coin 3-7 days before they pumped -Bitcoin Could Retest 10,200-10,500 Again (Full Analysis) -Shorterm Bullish Cycle started for BitcoinCash! -ETH At Final Resistances Before THE MOON! -Big Volatility Ahead For Crypto Markets !Remontada Season For Late 2017? These are the names of articles I wrote 3-7 days before they pumped so that does not apply to me as expecting BCH pump because of BTC as I also called BTC at 9200
https://read.cash/@Khant/bitcoin-could-retest-10200-10500-again-full-analysis-43ff4d6c https://read.cash/@Khant/shorterm-bullish-cycle-started-for-bitcoincash-f02bd28a https://read.cash/@Khant/eth-at-final-resistances-before-the-moon-21053331 https://read.cash/@Khant/big-volatility-ahead-for-crypto-markets-remontada-season-for-late-2017-75d27702
INJECT IT!!!! http://prntscr.com/tq4ntq We're now at 2nd resistance
https://www.tradingview.com/x/DieuCjcU/