BCH is punching through the recent consolidation, eyes on a fresh upside wave as larger crypto risk appetite steadies.
đ˘ $BCH LONG đ â Trade Plan
⢠Entry: $247.0427 â $247.5373
⢠Stop: $239.8713 (-3.0%)
⢠Target 1: $250.9993 (+1.5%)
⢠Target 2: $259.6545 (+5.0%)
⢠R/R 1:1.7 | Confidence 64%
The market structure broke to the upside (CHoCH) right as cumulative volume turned bullish (CVD), and the price landed in a fairâvalue gap that aligns with a strong order block. The overlap of that OB and the FVG creates a point of interest, giving the long a multipleâsignal confluence.
A 3.0âŻ% stop is fairly tight for a swing trade, so keep leverage modest â 2â3âŻx is prudent.
Take a partial profit around the first target as the price approaches the next resistance.
Not financial advice â trade only what you can afford to lose đ
$BCH #BCHUSDT #curse #TradingSignals #Write2Earn
đ˘ $BCH LONG đ â Trade Plan
⢠Entry: $247.0427 â $247.5373
⢠Stop: $239.8713 (-3.0%)
⢠Target 1: $250.9993 (+1.5%)
⢠Target 2: $259.6545 (+5.0%)
⢠R/R 1:1.7 | Confidence 64%
The market structure broke to the upside (CHoCH) right as cumulative volume turned bullish (CVD), and the price landed in a fairâvalue gap that aligns with a strong order block. The overlap of that OB and the FVG creates a point of interest, giving the long a multipleâsignal confluence.
A 3.0âŻ% stop is fairly tight for a swing trade, so keep leverage modest â 2â3âŻx is prudent.
Take a partial profit around the first target as the price approaches the next resistance.
Not financial advice â trade only what you can afford to lose đ
$BCH #BCHUSDT #curse #TradingSignals #Write2Earn