BCH/USDT chart analysis .
Market Sentiment: Bullish (Short-Term)
Key Technical Signals:
1. Price Above EMA(7), EMA(25), EMA(99):
In all charts, the price is above the short, medium, and long EMAs.
This shows sustained bullish strength and trend continuation.
2. MACD:
Positive on 30m and 2h with increasing histogram – bullish momentum.
3m MACD is flat but not bearish – suggesting temporary consolidation.
3. RSI:
RSI is 74.5 (30m) and 75.8 (2h) – entering overbought zone, which means price may face resistance or slight pullback before continuation.
RSI around 65 (3m), 67 (6h) – healthy for continuation upward.
Trade Plan for BCH/USDT
Entry (Buy) Zones:
Pullback Entry: $452 – $455
Breakout Entry: Above $462.5 with volume confirmation
Target Levels:
TP1: $460 (recent resistance)
TP2: $465–$467 (next resistance zone if momentum continues)
TP3 (Swing Target): $475–$480 (psychological and technical level)
Stop Loss:
Conservative SL: $447 (below EMA25 on 30m)
Aggressive SL: $443 (below EMA7 on 6h)
Risk Notes:
Price is extended; overbought conditions could trigger a small correction.
Avoid chasing after green candles – wait for either a breakout or a small dip.
Pro Tip:
If already in profit, consider using a trailing stop to lock in gains as BCH approaches resistance at $462–$468.
trade here $BCH