Update $BCH /USDT
Analysis: BCH has broken out of a potential Wyckoff accumulation range, showing a strong sign of strength with support now established above the key EMAs around $530 and resistance near $570.
Short-term Price Forecast: Holding above the $530 support confirms a successful Back-Up event, targeting the $595 resistance.
Concise Trading Strategy:
Entry: 540
SL: 510
TP: 570/595
The chart is showing clear signs of a markup phase. What are you waiting for? If you are ready, then the coin name below are my suggestions. Thanks for the support!
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BCHUSDT
Perp
528.43
-2.70%
