Sharing technical analysis, market insights, and trading perspectives to help the community better understand crypto market structure and price action.
đ $BCH UPDATE: LOOK AT THE MOVE! When price was standing around 220, I told you guys that a bullish reversal could start from there. Now look at the result. đ $BCH has pushed all the way toward 251, giving us around +18% move from the positioning area. đ đŻ Our original target is still 305. This is why patience and proper positioning matter. Donât chase the move. Catch the reversal. đ„
$BCH IS ABOUT TO BLAST! As you can see on the 2nd chart, price is clearly forming a Higher High & Higher Low structure, showing a strong bullish market structure. đ Right now, price is around the 220 area. If you look closely at the 1st chart, there is a key demand zone between 212 - 208. This is where Iâll be looking for a potential long position. â ïž Important: Donât enter blindly at the zone. Wait for a clear bullish rejection from the demand area before positioning. If the setup confirms, 305 will be our target to catch. đŻ Structure first. Confirmation second. Entry third.
Si le POI continue de tenir et que la structure haussiĂšre reste intacte, nous pourrions assister Ă un fort mouvement Ă la hausse Ă partir dâici. đ