1. Current Situation:
- Last price: 409.58 USDT (-0.77%).
- Marking price: 409.61 USDT.
- 24-hour range: 400.00 - 419.64 USDT.
- Volumes:
- BCH: 328,958.896.
- USDT: 134.84 million.
2. Key Levels:
- Resistance: 412.78, 416.65, 419.66, 420.52.
- Support: 409.50, 407.04, 406.02, 405.03, 401.16.
3. Indicators:
- MACD: 0.09 (DIF: 0.95, DEA: 0.86) — weak buy signal.
- RSI(6): 39.75 — close to oversold territory, a bounce is possible.
- Trend: Short timeframes (15m, 1h) show volatility.
4. Scalping Strategy:
- Long Entry:
- On a bounce from the support level 407.04 - 409.50 with confirmation from RSI (rise above 40) and MACD (crossing up).
- Take-profit targets: 412.78, 416.65.
- Stop-loss: below 405.03.
- Short Entry:
- On a pullback from resistance 412.78 - 416.65 with confirmation from RSI (fall below 55) and MACD (crossing down).
- Take-profit targets: 409.50, 407.04.
- Stop-loss: above 419.66.
5. Risk Management:
- Risk per trade: no more than 1-2% of the deposit.
- Risk/Reward ratio: at least 1:2.
- Avoid trading during periods of low liquidity or before the release of important news.
6. Additional Tools:
- Use Fibonacci levels to refine targets.
- Monitor volume: an increase in volume on the breakout strengthens the signal.
7. Recommendations:
- Focus on timeframes 15m and 1h for precise entries.
- Close part of the position at the first target, the rest — with a trailing stop.
Important: Adjust the plan when market conditions change.
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