🚀 $BCH : BIG MOVE AHEAD? Bulls Are Fighting to Maintain Control!
Bitcoin Cash (BCH/USDT) is showing bullish signs on the 4H timeframe, but the next resistance zone will be crucial.
📊 Technical Analysis
Current Price: $290.40
EMA 7: $289.90
EMA 25: $287.10
EMA 99: $283.90
RSI: 54.8
🟢 LONG SETUP
Entry: $288 – $290 (if support holds)
Confirmation: 4H candle closes above $292.50.
Stop Loss: $284.50
🎯 Take Profit:
TP1: $294
TP2: $298
TP3: $303
🔴 SHORT SETUP
Entry: $296 – $298 (only after bearish rejection)
Stop Loss: $301
🎯 Take Profit:
TP1: $291
TP2: $287
TP3: $284
🔑 Important Levels
Resistance: $294 – $298
Support: $287 – $284
Major Support: $279.50
My Trading View:
BCH is holding above its major EMAs, which supports the bullish structure. However, RSI is neutral and KDJ is showing a slight loss of momentum.
Wait for candle confirmation before entering. Don't chase the market!
💬 What do you think? Will BCH break $298 or face another rejection?
Share your analysis in the comments!
⚠️ Disclaimer: This analysis is for educational purposes only, not financial advice. Always manage your risk and do your own research.
#BCH #BitcoinCash #CryptoAnalysis #BinanceSquare #TradingSignals #CryptoTrading $BCH
Bitcoin Cash (BCH/USDT) is showing bullish signs on the 4H timeframe, but the next resistance zone will be crucial.
📊 Technical Analysis
Current Price: $290.40
EMA 7: $289.90
EMA 25: $287.10
EMA 99: $283.90
RSI: 54.8
🟢 LONG SETUP
Entry: $288 – $290 (if support holds)
Confirmation: 4H candle closes above $292.50.
Stop Loss: $284.50
🎯 Take Profit:
TP1: $294
TP2: $298
TP3: $303
🔴 SHORT SETUP
Entry: $296 – $298 (only after bearish rejection)
Stop Loss: $301
🎯 Take Profit:
TP1: $291
TP2: $287
TP3: $284
🔑 Important Levels
Resistance: $294 – $298
Support: $287 – $284
Major Support: $279.50
My Trading View:
BCH is holding above its major EMAs, which supports the bullish structure. However, RSI is neutral and KDJ is showing a slight loss of momentum.
Wait for candle confirmation before entering. Don't chase the market!
💬 What do you think? Will BCH break $298 or face another rejection?
Share your analysis in the comments!
⚠️ Disclaimer: This analysis is for educational purposes only, not financial advice. Always manage your risk and do your own research.
#BCH #BitcoinCash #CryptoAnalysis #BinanceSquare #TradingSignals #CryptoTrading $BCH
