BCH/USDT (LONG)
• Entry: $256.31 - $256.49
• Target 1: $256.74
• Target 2: $257.08
• Target 3: $257.47
• Stop-loss: $256.02
$BCH
breaks through its macro level, showing strong momentum with volume participation of $106340.4M USDT 🔥
On the chart, after a large-scale cyclic reset, BCH forms an ascending accumulation bottom. The recent expanding candles have confidently pushed the price through the daily mean line (EMA200) at $256.97 and the VWAP at $256.35 with high volume involvement, confirming that buyers have established solid control to continue a sustained trend.
As long as the price holds above the structural invalidation level of $256.02 (reliably protected by liquidity), the higher-timeframe uptrend remains dominant—only a breakdown below this key level will confirm that the breakout failed.
DYOR. #trading #BCH
• Entry: $256.31 - $256.49
• Target 1: $256.74
• Target 2: $257.08
• Target 3: $257.47
• Stop-loss: $256.02
$BCH
breaks through its macro level, showing strong momentum with volume participation of $106340.4M USDT 🔥
On the chart, after a large-scale cyclic reset, BCH forms an ascending accumulation bottom. The recent expanding candles have confidently pushed the price through the daily mean line (EMA200) at $256.97 and the VWAP at $256.35 with high volume involvement, confirming that buyers have established solid control to continue a sustained trend.
As long as the price holds above the structural invalidation level of $256.02 (reliably protected by liquidity), the higher-timeframe uptrend remains dominant—only a breakdown below this key level will confirm that the breakout failed.
DYOR. #trading #BCH