$BCH Short 10x | Supply zone engaged, prioritizing execution over sentiment.
BCH has reached the anticipated supply zone, drawing in potential sellers. This short setup features a clear invalidation point.
Scenario map:
- Entry band: 305.58627 – 306.77220
- TP1 / first reaction: 301.90989 (R:R 1:0.7)
- TP2 / continuation area: 299.06365 (R:R 1:1.2)
- TP3 / extended objective: 294.79430 (R:R 1:2.0)
- Risk level: 311.87171
Why this setup?
- The short scenario is intact on 4h, with price action adhering to the range of 305.58627–306.77220, while the daily analysis indicates a range-bound condition.
- The RSI at 37 on the 15m chart suggests there is still potential for downward pressure, provided sellers maintain their defense.
- Current volume stands at 1.28x, with 5.53K traded against an expected 4.32K, indicating solid participation in this move.
Execution note:
- For me this remains a conditional short scenario: zone rejection first, TP1/TP2/TP3 are objectives not promises, and the risk level decides when the idea is no longer worth holding.
Trade here 👇 and are you inclined to enter the short now, or would you prefer to wait for further additional signal?
EDUCATIONAL INFORMATION ONLY. NO ADVICE, OFFER, SOLICITATION, OR RECOMMENDATION. YOUR MOVE, YOUR RISK.
BCH has reached the anticipated supply zone, drawing in potential sellers. This short setup features a clear invalidation point.
Scenario map:
- Entry band: 305.58627 – 306.77220
- TP1 / first reaction: 301.90989 (R:R 1:0.7)
- TP2 / continuation area: 299.06365 (R:R 1:1.2)
- TP3 / extended objective: 294.79430 (R:R 1:2.0)
- Risk level: 311.87171
Why this setup?
- The short scenario is intact on 4h, with price action adhering to the range of 305.58627–306.77220, while the daily analysis indicates a range-bound condition.
- The RSI at 37 on the 15m chart suggests there is still potential for downward pressure, provided sellers maintain their defense.
- Current volume stands at 1.28x, with 5.53K traded against an expected 4.32K, indicating solid participation in this move.
Execution note:
- For me this remains a conditional short scenario: zone rejection first, TP1/TP2/TP3 are objectives not promises, and the risk level decides when the idea is no longer worth holding.
Trade here 👇 and are you inclined to enter the short now, or would you prefer to wait for further additional signal?
EDUCATIONAL INFORMATION ONLY. NO ADVICE, OFFER, SOLICITATION, OR RECOMMENDATION. YOUR MOVE, YOUR RISK.
