BCH is sliding hard, looks primed for a short swing.
🔴 $BCH SHORT 📉
Entry $265.4942-$266.0258 | SL $273.7328 (-3.0%) | TP1 $261.7736 (+1.5%) | TP2 $252.4720 (+5.0%) | R/R 1:1.7 | Conf 64%
We got a CHoCH break, CVD confirming the sell pressure, plus a fresh FVG right under the last swing low. An order block sits right on that gap, giving us a POI confluence of OB and FVG. Structure’s bearish, so the short feels solid.
A 3.0% stop is pretty tight, so stick to 2‑3x leverage.
Take half profit around the first target when price hits the nearby resistance.
As always: manage your risk, this is not financial advice 🙏
$BCH #BCHUSDT #SMC #TradingSignals #Write2Earn
🔴 $BCH SHORT 📉
Entry $265.4942-$266.0258 | SL $273.7328 (-3.0%) | TP1 $261.7736 (+1.5%) | TP2 $252.4720 (+5.0%) | R/R 1:1.7 | Conf 64%
We got a CHoCH break, CVD confirming the sell pressure, plus a fresh FVG right under the last swing low. An order block sits right on that gap, giving us a POI confluence of OB and FVG. Structure’s bearish, so the short feels solid.
A 3.0% stop is pretty tight, so stick to 2‑3x leverage.
Take half profit around the first target when price hits the nearby resistance.
As always: manage your risk, this is not financial advice 🙏
$BCH #BCHUSDT #SMC #TradingSignals #Write2Earn