$BCH /USDT - LONG
Trade Plan:
Entry: 213.77 – 211.15
SL: 211.26
TP1: 214.69
TP2: 219.54
TP3: 221.95
Why this setup?
• The 4h chart shows price holding above key dynamic moving averages at MA7 (213.54) and MA25 (211.15), attempting a breakout above the MA99 resistance line (213.83).
• Setting a protective Stop Loss (SL) right at the 24h Low support level (211.26) provides a tight risk invalidation threshold safely below the current consolidation base.
• Entering a long position in the 213.77 to 211.15 range offers a clear Risk:Reward setup, targeting a retest of the 24h High (214.69), upper resistance at 219.54, and previous swing peak resistance near 221.95.
Debate:BitcoinRecoversTo$64100#USIranDealOrNoDeal #USIranDealOrNoDeal #SpaceXFirstLockupExpiresAug6 ACTSeeksSamsung$32BBuyback#SpaceXFirstLockupExpiresAug6 #SpaceXFirstLockupExpiresAug6 $BCH
Trade Plan:
Entry: 213.77 – 211.15
SL: 211.26
TP1: 214.69
TP2: 219.54
TP3: 221.95
Why this setup?
• The 4h chart shows price holding above key dynamic moving averages at MA7 (213.54) and MA25 (211.15), attempting a breakout above the MA99 resistance line (213.83).
• Setting a protective Stop Loss (SL) right at the 24h Low support level (211.26) provides a tight risk invalidation threshold safely below the current consolidation base.
• Entering a long position in the 213.77 to 211.15 range offers a clear Risk:Reward setup, targeting a retest of the 24h High (214.69), upper resistance at 219.54, and previous swing peak resistance near 221.95.
Debate:BitcoinRecoversTo$64100#USIranDealOrNoDeal #USIranDealOrNoDeal #SpaceXFirstLockupExpiresAug6 ACTSeeksSamsung$32BBuyback#SpaceXFirstLockupExpiresAug6 #SpaceXFirstLockupExpiresAug6 $BCH