🔻 SHORT $BCH
💰 Entry: 218.99
🛡 Stop-loss: 224.64 (−2.6%)
🎯 Take-profit: 212.21 → 208.81
📈 A bearish engulfing candle just swallowed the prior green candle on BCH, locking in the short-term high — sellers took control.
• EMA stack is fanned bearish with a -5.2% spread, so the trend is doing the heavy lifting for shorts
• Engulfing candle spans nearly 1 ATR at EMA20 — a full-bodied rejection of the pullback, not noise
• Order flow confirms: CVD aligned with sellers and real-time taker imbalance at -36%
• RSI at 48 means no oversold cushion — the bounce has room to fail before it matters
• 4H, daily and Elliott structure all point down, with favorable R:R against a tight swing stop
⭐ Score 86.8/100 ★★★★☆
Short the failed bounce, keep the stop above the engulfing high, and scale out where the daily structure gives way.
💬 Short $BCH too, or taking the other side? Drop your call below.
$BTC #BCHUSDT #Short #TradingSignals
👉 Follow for hourly setups.
💰 Entry: 218.99
🛡 Stop-loss: 224.64 (−2.6%)
🎯 Take-profit: 212.21 → 208.81
📈 A bearish engulfing candle just swallowed the prior green candle on BCH, locking in the short-term high — sellers took control.
• EMA stack is fanned bearish with a -5.2% spread, so the trend is doing the heavy lifting for shorts
• Engulfing candle spans nearly 1 ATR at EMA20 — a full-bodied rejection of the pullback, not noise
• Order flow confirms: CVD aligned with sellers and real-time taker imbalance at -36%
• RSI at 48 means no oversold cushion — the bounce has room to fail before it matters
• 4H, daily and Elliott structure all point down, with favorable R:R against a tight swing stop
⭐ Score 86.8/100 ★★★★☆
Short the failed bounce, keep the stop above the engulfing high, and scale out where the daily structure gives way.
💬 Short $BCH too, or taking the other side? Drop your call below.
$BTC #BCHUSDT #Short #TradingSignals
👉 Follow for hourly setups.