BCH is fighting back from the recent dip, hovering just below the 250‑day EMA and eyeing the 250‑250.5 USD range.
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🔴 $BCH SHORT 📉
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📍 Entry Range: $249.0907 – $249.5893
🛑 Stop Loss: $256.8202 (-3.0%)
🎯 TP1: $245.5999 (+1.5%)
🏆 TP2: $236.8730 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 65%
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A change of character broke the descending swing, CVD turned negative confirming sell pressure, and a fresh fair‑value gap sits right above the broken order block, creating a strong confluence for a short. The market now respects that OB‑FVG overlap as resistance.
A 3.0 % stop is relatively tight, so keep leverage modest – around 3‑5× is prudent.
Take partial profit at the first target around 245 USD as the price approaches the next minor support.
Not financial advice — trade only what you can afford to lose 🙏
$BCH #BCHUSDT #Bitcoin #TradingSignals #Write2Earn
━━━━━━━━━━━━━━━━━━━━━
🔴 $BCH SHORT 📉
━━━━━━━━━━━━━━━━━━━━━
📍 Entry Range: $249.0907 – $249.5893
🛑 Stop Loss: $256.8202 (-3.0%)
🎯 TP1: $245.5999 (+1.5%)
🏆 TP2: $236.8730 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 65%
━━━━━━━━━━━━━━━━━━━━━
A change of character broke the descending swing, CVD turned negative confirming sell pressure, and a fresh fair‑value gap sits right above the broken order block, creating a strong confluence for a short. The market now respects that OB‑FVG overlap as resistance.
A 3.0 % stop is relatively tight, so keep leverage modest – around 3‑5× is prudent.
Take partial profit at the first target around 245 USD as the price approaches the next minor support.
Not financial advice — trade only what you can afford to lose 🙏
$BCH #BCHUSDT #Bitcoin #TradingSignals #Write2Earn