BCH's 4h chart is flashing a signal most traders will ignore.

$BCH /USDT - SHORT

Trade Plan:

Entry: 501.508566 – 506.67567

SL: 519.593432

TP1: 488.590805

TP2: 483.4237

TP3: 473.089491

Why this setup?

SHORT setup is armed. 1D trend is ranging, but momentum is turning on lower timeframes. RSI(15m) at 41.7 shows room for further downside before oversold. Key resistance for the short idea is at 519.59 (SL).

Debate:

Is this a clean short into the range low, or will the daily range hold again?

Trade here 👇