đ $BCH
LONG SETUP đ
BCH is building a base after the sharp drop to $268.17 and is now holding above its 7 MA and 25 MA on thin volume. Iâm watching for a long on a dip into the support cluster, not chasing the current candle. đ
Entry: $278.00 â $279.50
TP1: $283.50
TP2: $286.50
TP3: $290.00
SL: $275.50
đș Why BCH is on watch:
Price ($280.01) is above the 7 MA ($279.82) and 25 MA ($278.06), and the 25 MA has flattened and is starting to curl up The structure shows higher lows since the wick to $268.17, with tight, steady candles building pressure The 99 MA ($290.37) is still sloping down and well above price, so it is the final target (TP3), not a nearby wall The 7 MA ($279.82) is the first support, with the 25 MA ($278.06) as the dip-buy zone. A 1H close under $276.50 would invalidate the setup.
Not financial advice. DYOR.
đ Follow CoinDispatch for more daily trade setups and market updates!
#BCH #BitcoinCash #CryptoTrading
LONG SETUP đ
BCH is building a base after the sharp drop to $268.17 and is now holding above its 7 MA and 25 MA on thin volume. Iâm watching for a long on a dip into the support cluster, not chasing the current candle. đ
Entry: $278.00 â $279.50
TP1: $283.50
TP2: $286.50
TP3: $290.00
SL: $275.50
đș Why BCH is on watch:
Price ($280.01) is above the 7 MA ($279.82) and 25 MA ($278.06), and the 25 MA has flattened and is starting to curl up The structure shows higher lows since the wick to $268.17, with tight, steady candles building pressure The 99 MA ($290.37) is still sloping down and well above price, so it is the final target (TP3), not a nearby wall The 7 MA ($279.82) is the first support, with the 25 MA ($278.06) as the dip-buy zone. A 1H close under $276.50 would invalidate the setup.
Not financial advice. DYOR.
đ Follow CoinDispatch for more daily trade setups and market updates!
#BCH #BitcoinCash #CryptoTrading