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Bearish
Market Analysis: Possible Retracement for BCH
Based on the 12-hour chart pattern and the possible formation of a harmonic pattern, there is a likelihood of a retracement in BCH before any potential continuation of the trend.
Trade Recommendation:
Action: Sell
Stop Loss: $386.25
Take Profit: $321.00
Note: Always trade with caution and apply proper risk management. Regardless of experience or strategy, both winning and losing trades are inevitable. However, consistent risk management keeps you positioned for long-term success.
#BCHUSD
Based on the 12-hour chart pattern and the possible formation of a harmonic pattern, there is a likelihood of a retracement in BCH before any potential continuation of the trend.
Trade Recommendation:
Action: Sell
Stop Loss: $386.25
Take Profit: $321.00
Note: Always trade with caution and apply proper risk management. Regardless of experience or strategy, both winning and losing trades are inevitable. However, consistent risk management keeps you positioned for long-term success.
#BCHUSD
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BCH
353.1
-1.06%
113
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