$BCH /USDT BULLISH BREAKOUT IMMINENT 🚀
Key Levels:
- Current Price: $438.1
- Resistance Levels: $446.5, $460.0
- Support Levels: $411.3, $420.0
Trade Setup:
- Long Entry: $440.0
- Take Profit (TP):
- TP1: $450.0
- TP2: $460.0
- Stop Loss (SL): $430.0
Risk Management:
- Risk/Reward Ratio: 2:1
- Position Size: 2% of total portfolio
Summary:
We are looking for a long trade on $BCH/USDT due to a potential bullish breakout above the $440.0 level. The price has shown strong support around $411.3 and is currently testing the resistance at $438.1. A break above this level could lead to a rally towards $450.0 and $460.0. Ensure proper risk management by setting a stop loss at $430.0 to protect against downside risk. 📈💸
Happy Trading! 📈💸
If you need any adjustments or have more requests, feel free to ask 😊
