$BCH - 1h Trade Setup - WAIT, Coiled Above Mid, Reclaim First
Verdict: WAIT. Price 280.79 above mid but box top 285.70 not reclaimed, no trigger print yet, BTC 80619.70 chopping under 85k.
The box (last 20 closed 1h bars):
HIGH 285.70 (1 touch, 15:00 spike)
MID 275.405 (21EMA 274.5 below mid)
LOW 265.11 (1 touch, 05:00 sweep)
Range-MSB state: SWEPT below 265.11, reclaimed inside, MSB up but breakout retest pending on 15m.
The plan (trigger only):
Entry 286.50 (4H close above 285.70 then 15m retest low <=285.70 close >285.70)
Stop 280.50 (under retest low 279.85, buffer)
TP1 297.60 (take 50%, net R 1.6)
TP2 303.51 (take rest, net R 2.5)
Alt Short 283.70 only if 15m close below 280.62 then retest fails, stop 286.50, TP1 275.405 net R 2.3, TP2 265.11 net R 5.4
Invalidation: 1H close below 275.405 kills long idea, 1D close below 265.11 flips bias, BTC 1D close below 75690 cut.
BTC 4H close 80619.70 chopping, derivatives unavailable via current tools, positioning veto not applied, #write2earn
Reply with your coin you want analysis on.
Verdict: WAIT. Price 280.79 above mid but box top 285.70 not reclaimed, no trigger print yet, BTC 80619.70 chopping under 85k.
The box (last 20 closed 1h bars):
HIGH 285.70 (1 touch, 15:00 spike)
MID 275.405 (21EMA 274.5 below mid)
LOW 265.11 (1 touch, 05:00 sweep)
Range-MSB state: SWEPT below 265.11, reclaimed inside, MSB up but breakout retest pending on 15m.
The plan (trigger only):
Entry 286.50 (4H close above 285.70 then 15m retest low <=285.70 close >285.70)
Stop 280.50 (under retest low 279.85, buffer)
TP1 297.60 (take 50%, net R 1.6)
TP2 303.51 (take rest, net R 2.5)
Alt Short 283.70 only if 15m close below 280.62 then retest fails, stop 286.50, TP1 275.405 net R 2.3, TP2 265.11 net R 5.4
Invalidation: 1H close below 275.405 kills long idea, 1D close below 265.11 flips bias, BTC 1D close below 75690 cut.
BTC 4H close 80619.70 chopping, derivatives unavailable via current tools, positioning veto not applied, #write2earn
Reply with your coin you want analysis on.
