$BCH 🚀 🚀 BULLISH MOMENTUM 🚀 🚀
📊 BCH/USDT Overview
Current Price: $443.90
24h Volume: ~$11.86 million
Trend: Mild uptrend after pullback
Volatility: Medium (higher near support zones)
Chart Pattern: “Cup and Handle” Formation (Forming)
Cup Base: $395
Resistance Rim: $455–$460
Handle Range: $438–$448
Breakout Trigger: Above $460 with strong volume
🟢 A Cup & Handle is a classic bullish continuation pattern that often leads to strong upside moves when confirmed.
---
🔍 Technical Indicators
Indicator Value Signal
RSI (4H) 59 Bullish-near overbought
MACD Bullish crossover Momentum building
EMA 20/50/200 Price above all Short-term bullish trend confirmed
Volume Trend Slight increase Supporting breakout potential
---
🧠 Market Sentiment
Narrative: BCH is seen as a “classic coin” with renewed interest during altcoin rotation
💹 Trading Strategy
🔹 Bullish Breakout Play
Entry Zone: $460 (upon handle breakout)
TP1: $478
TP2: $505
Stop-Loss: $443 (tight) or $432 (looser)
Risk Level: Medium
Timeframe: 2–5 days (short swing)
---
🔸 Support Bounce Strategy
Buy Zone: $428–$435
TP1: $455
TP2: $468
Stop-Loss: $415
Strategy: DCA entries near bottom of handle
⚠️ Disclaimer
> This analysis is for educational and informational purposes only. It does not constitute financial advice. Always DYOR (Do Your Own Research) and consult with a certified financial advisor before investing. Cryptocurrency markets are volatile, and all trading involves risk.