Tp1 and 2 hit closed the trade
$BCH
$BCH
Post
Fitsum alemayehu
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Bullish🔥 BCH/USDT BITCOIN CASH IS TESTING $350
📈 SIGNAL
Bias: 🟢 Bullish
Entry: $334 – $338
TP1: $350
TP2: $365
TP3: $380
SL: $326
Bitcoin Cash is trading around $341.72 after a powerful breakout from the $260 area. BCH pushed to a recent high of $349.92 and is now consolidating just below that resistance.
On the 1H chart, price is sitting around the MA(7) at $341.74, while the MA(25) is at $310.26 and MA(99) at $268.61. The moving averages are strongly bullish, but the sharp rally means chasing the current price carries higher risk.
🔎 TECHNICAL REASONING
BCH has shifted strongly upward and is holding well above the MA25 and MA99. The key battle now is the $349–$350 resistance zone.
A clean breakout and retest above $350 would strengthen the bullish continuation setup. If BCH pulls back first and holds the $334–$338 area, that could offer a better risk-controlled entry rather than buying directly into the pump.
If price loses $326, the bullish setup weakens and a deeper retracement becomes possible.
⚠️ Don't chase the breakout. Wait for confirmation, protect your capital, and manage risk properly.
#BCH #BitcoinCash #BCHUSDT #CryptoTrading $BCH
📈 SIGNAL
Bias: 🟢 Bullish
Entry: $334 – $338
TP1: $350
TP2: $365
TP3: $380
SL: $326
Bitcoin Cash is trading around $341.72 after a powerful breakout from the $260 area. BCH pushed to a recent high of $349.92 and is now consolidating just below that resistance.
On the 1H chart, price is sitting around the MA(7) at $341.74, while the MA(25) is at $310.26 and MA(99) at $268.61. The moving averages are strongly bullish, but the sharp rally means chasing the current price carries higher risk.
🔎 TECHNICAL REASONING
BCH has shifted strongly upward and is holding well above the MA25 and MA99. The key battle now is the $349–$350 resistance zone.
A clean breakout and retest above $350 would strengthen the bullish continuation setup. If BCH pulls back first and holds the $334–$338 area, that could offer a better risk-controlled entry rather than buying directly into the pump.
If price loses $326, the bullish setup weakens and a deeper retracement becomes possible.
⚠️ Don't chase the breakout. Wait for confirmation, protect your capital, and manage risk properly.
#BCH #BitcoinCash #BCHUSDT #CryptoTrading $BCH