Bitcoin Cash ($BCH ) often shows less volatile price movements compared to other cryptocurrencies (like BTC or ETH), especially in specific scenarios:

- Low Liquidity: Reduced trading volume (example: $19.35 million in 24h, according to previous data) limits abrupt fluctuations.

- Modest Adoption: Less integration into DeFi platforms, NFTs, or global payments reduces high volatility catalyst events.

- Consolidation Phase: Prolonged periods where the price fluctuates within a narrow range (example: between $357.7 and $383.3 in the last 24h).

Why So Many Take Profits (TPs)?

The multiple TPs strategy is common in assets with slow movements for three main reasons:

a) Maximization of Incremental Gains

- In markets without strong trends, large movements are rare.

- Profiting from small rises (e.g., 1%, 2%) compensates for the lack of price "explosions."

- Example: Set TPs at $360.3 (EMA 9), $364.1 (EMA 25), and $375 (50% of the range).

b) Risk Reduction

- Withdrawing part of the capital at each TP protects against sudden reversals.

- In a slow asset, a reversal can quickly erase gains.

c) Adaptation to Market Psychology

- Traders tend to take profits earlier in uncertain environments.

- Slowness may indicate a lack of conviction (buyers/sellers in balance).

How to Trade in a "Slow" Market?

- Use Limit Orders: Take advantage of small fluctuations within the range.

- Monitor Support/Resistance: Example: $357.7 (support) and $383.3 (resistance).

- Combine Indicators:

- RSI: Values below 30 (oversold) signal entry opportunities.

- EMAs: Crossovers between averages can indicate momentum (e.g., EMA 9 above EMA 25).

Associated Risks

- False Signals: Slow movements increase the risk of fakeouts (false breakouts of support/resistance).

- Opportunity Costs: Capital held for too long may yield less than in volatile assets.

- Patience Required: Scalping or swing trading strategies require discipline.

Conclusion

The multiple TPs strategy in BCH reflects an adaptation to its less volatile nature. While slowness reduces the risk of sharp drops, it also limits significant gains. Therefore, traders use staggered TPs to balance profitability and safety.