$BCH #BCH 🚀
Direction: LONG 🚀
Entry zone: 283.55 to 284.69
Stop loss: 279.86
Target 1: 289.8
Target 2: 294.06
Bitcoin Cash is trading near 284.12 dollars, down 0.38 percent in 24 hours, inside a range of 279.22 to 287.47. My reading is that sellers are losing control after the dip, because the recent closes recovered steadily, 282.28, then 283.19, then 283.39, then 284.12, which is a dip bought step by step, not a breakdown. 📈 A long from the current zone, with a stop below 279.86, targets 289.8 first and then 294.06 if buyers reclaim the range. A fall back under 279.86 kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does Bitcoin Cash bounce to 289.8 first, or break down below 279.86? 🤔
Follow for more trades.
#BitcoinCash #Crypto #FuturesTrading #TradingSignals
Direction: LONG 🚀
Entry zone: 283.55 to 284.69
Stop loss: 279.86
Target 1: 289.8
Target 2: 294.06
Bitcoin Cash is trading near 284.12 dollars, down 0.38 percent in 24 hours, inside a range of 279.22 to 287.47. My reading is that sellers are losing control after the dip, because the recent closes recovered steadily, 282.28, then 283.19, then 283.39, then 284.12, which is a dip bought step by step, not a breakdown. 📈 A long from the current zone, with a stop below 279.86, targets 289.8 first and then 294.06 if buyers reclaim the range. A fall back under 279.86 kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does Bitcoin Cash bounce to 289.8 first, or break down below 279.86? 🤔
Follow for more trades.
#BitcoinCash #Crypto #FuturesTrading #TradingSignals
