BCH on this chart—the structure has already collapsed. On the 4h timeframe: six K-lines, five are bearish candles. On the 24h timeframe, it’s down 10.22%. The price spread keeps sticking to the moving average as it slides downward—there’s basically no chance for you to catch your breath. Go short at 310 directly. First target: 296.5. If it breaks, then look for 283.5. Stop-loss: 325—don’t hesitate. Going long right now is basically betting your life on whether the whale-in-control’s chips will be handed over to you.
