$BCH long setup at 237.5–238.1 on the 4H
Watching for buyers to defend this zone. A slow reaction here would be ideal.
Reasons:
- 1.5% to the stop, 2.4% to TP3, risk/reward looks good
- Short-term BTC is bullish, could help push BCH up
- 4H price at 238 below EMA50, I'm cautious with my stop
🟢 LONG
Entry: 237.5–238.1
TP: 239.9 / 241.3 / 243.4
SL: 234.3
Can buyers hold this level?
Plan, not advice.
Watching for buyers to defend this zone. A slow reaction here would be ideal.
Reasons:
- 1.5% to the stop, 2.4% to TP3, risk/reward looks good
- Short-term BTC is bullish, could help push BCH up
- 4H price at 238 below EMA50, I'm cautious with my stop
🟢 LONG
Entry: 237.5–238.1
TP: 239.9 / 241.3 / 243.4
SL: 234.3
Can buyers hold this level?
Plan, not advice.
