Hey Square fam! 👋 Ready for your weekly BCH/USDT scoop? Let’s unpack why the charts are flashing bullish signs and how to thoughtfully ride the wave—without the fluff! ✨
---
📈 Weekly Trend: Strong Bullish Bias
50‑week MA is sloping up and sitting below current price—acting as dynamic support.
200‑week MA, though still sloping down (since Nov 2024), is also beneath price, offering hidden support strength .
Overall, 71% of MA signals are bullish across timeframes—daily & weekly indicators lining up to point north .
🔎 Momentum Check: Neutral to Bullish
RSI on weekly and daily sits around mid‑range—no overbought stress, room to climb .
MACD is positive—showing momentum buildup without euphoria .
---
🎯 Price Targets & Trade Zones
Key resistance zone: $400–420, aligning with the 200‑day MA at ~$403.8. A decisive breakout there could propel BCH toward $500 .
Support levels: $360–380 near rising 50‑week MA and weekly trendline—perfect for dip buying .
Near‑term target: $470 from recent momentum scans .
---
🧭 Tactical Trade Plan
Action Zone (USDT) Notes
Entry 380–400 Around MA support & trendline bounce
Aggressive Entry 400–420 On breakout above this zone
Stop‑Loss Below 360 Below both 50‑week MA & trendline
TP1 440 First resistance bounce
TP2 470 Momentum target from Square talks
TP3 500+ Weekly MA breakout zone
---
💡 Why This Works
1. Balanced technicals: MA alignment + neutral RSI + bullish MACD = healthy setup.
2. Support zones stacked: Trendline, MA, historical levels all converge—solid risk zone.
3. Breadth of momentum: Trend emerging across multiple timeframes invites more buyers.
---
📝 Binance Square Post Example
Headline:
> “🚀 BCH Weekly Bullish: 50‑Week MA Supports + $500 in Sight! 🔥 #BinanceSquareFamily”
Chart Suggestions:
Use weekly chart.
Highlight 50‑ & 200‑week MAs, trendline, and zones: 380–400 entry, 400–420 breakout, TPs.
Post Text:
> “Square fam—BCH is looking juicy this week! Weekly 50‑MA is now solid support, RSI is comfy, and MACD is green. Entry zone between $380–400 with SL under $360. On breakout above $400–420, target $440 → $470 → $500+. Trade safe & share your thoughts! Educational purposes only. DYOR ✅”
Engagement Prompt:
> “Would you stack BCH at $390 or wait for a breakout above $400? Drop your views 🔽”
---
✅ TL;DR
🎯 Weekly setup: bullish — 50‑week MA rising under price.
💎 Entry: $380–400, SL → $360; breakout entry $400–420
🎯 Targets: $440 → $470 → $500+
🧠 Momentum clear—RSI neutral, MACD positive, MA support strong.