🚀 BCH/USDT — is the impulse not over?
A powerful breakout from 249–260 to 333.14 (+27% in a day) on a sharp surge in volume. The price is currently at the top and forming consolidation — it looks like a bullish flag.
📊 Indicators:
EMA21/50/99 — 317.88 / 299.99 / 285.85. Price is above all EMAs, bullish structure. RSI6/14 ≈ 71 — overheated, so a short pause is possible. MACD is slightly turning down — a correction hasn’t been confirmed yet. Volume after the spike is declining.
🎯 Main scenario — LONG
Aggressive: 332–333 Conservative: 325–320
🛑 SL: 317–315
For an aggressive entry — around 325.
🎯 TP: 345 → 360 → 380–385
A breakout and consolidation above 333–335 with volume may trigger a new impulse. A move below 315 — we’ll reassess the scenario. DYOR.
Trading 👉$BCH
A powerful breakout from 249–260 to 333.14 (+27% in a day) on a sharp surge in volume. The price is currently at the top and forming consolidation — it looks like a bullish flag.
📊 Indicators:
EMA21/50/99 — 317.88 / 299.99 / 285.85. Price is above all EMAs, bullish structure. RSI6/14 ≈ 71 — overheated, so a short pause is possible. MACD is slightly turning down — a correction hasn’t been confirmed yet. Volume after the spike is declining.
🎯 Main scenario — LONG
Aggressive: 332–333 Conservative: 325–320
🛑 SL: 317–315
For an aggressive entry — around 325.
🎯 TP: 345 → 360 → 380–385
A breakout and consolidation above 333–335 with volume may trigger a new impulse. A move below 315 — we’ll reassess the scenario. DYOR.
Trading 👉$BCH
