BCH is stuck below the 4‑hour 25‑day EMA near 210 USD, and a 50‑point drop could lock in the short bias. Volume spikes are shrinking, confirming downside pressure.
🔴 $BCH SHORT 📉
Entry $275.4343-$275.9857 | SL $283.9813 (-3.0%) | TP1 $271.5743 (+1.5%) | TP2 $261.9245 (+5.0%) | R/R 1:1.7 | Conf 64%
The market structure broke lower (CHoCH) and the CVD turned negative, while a fair value gap aligns with an order block that was just swept for liquidity. POI confluence shows the OB and FVG overlapping, reinforcing the short entry. With 64% confidence and a 1:1.7 R/R, the setup feels tight.
A 3.0% stop is relatively tight, so 5‑10× leverage keeps total risk under 1% of the account.
Take half profit at the first target around 190 USD before letting the remainder run.
DYOR — this isn't financial advice, size your risk accordingly 🙏
$BCH #BCHUSDT #THORChain #TradingSignals #Write2Earn
🔴 $BCH SHORT 📉
Entry $275.4343-$275.9857 | SL $283.9813 (-3.0%) | TP1 $271.5743 (+1.5%) | TP2 $261.9245 (+5.0%) | R/R 1:1.7 | Conf 64%
The market structure broke lower (CHoCH) and the CVD turned negative, while a fair value gap aligns with an order block that was just swept for liquidity. POI confluence shows the OB and FVG overlapping, reinforcing the short entry. With 64% confidence and a 1:1.7 R/R, the setup feels tight.
A 3.0% stop is relatively tight, so 5‑10× leverage keeps total risk under 1% of the account.
Take half profit at the first target around 190 USD before letting the remainder run.
DYOR — this isn't financial advice, size your risk accordingly 🙏
$BCH #BCHUSDT #THORChain #TradingSignals #Write2Earn