Sellers showed up right where they needed to, turning old support into fresh resistance on a clean flip retest. Volume well above average on the rejection tells you this wasn't a quiet fade — real supply stepped in with conviction.
🗓 Daily: Bearish — price below the daily Supertrend with a falling 50/200 EMA stack
⏱ 4H: Support/Resistance Reaction · Bearish bias
⏳ 1H: the 1H is still above the level — the setup only triggers once it loses and holds below it.
📋 WHY IT QUALIFIES
✓ Support/Resistance Reaction structure completed
🧭 Bias: Bearish while price holds below $212.8000
⚠️ Invalidation: 4H close back above $212.8000
🔵 Support $212.8000 🟡 Resistance $219.7000
$BCH $BTC #SupportResistance
Education only, not financial advice.
🗓 Daily: Bearish — price below the daily Supertrend with a falling 50/200 EMA stack
⏱ 4H: Support/Resistance Reaction · Bearish bias
⏳ 1H: the 1H is still above the level — the setup only triggers once it loses and holds below it.
📋 WHY IT QUALIFIES
✓ Support/Resistance Reaction structure completed
🧭 Bias: Bearish while price holds below $212.8000
⚠️ Invalidation: 4H close back above $212.8000
🔵 Support $212.8000 🟡 Resistance $219.7000
$BCH $BTC #SupportResistance
Education only, not financial advice.
