$BCH Bulls Strike Back🐂 Best Trading Strategy Plan 🧑🏫 💥 🔐👇
Timeframe: 1H & 1D
Current Price: $408 USDT
Chart Pattern Analysis:📊
1H Chart: After a strong BOS (Break of Structure), $BCH surged with bullish momentum, smashing into a major supply zone near $408–$416. This was supported by a clear CHoCH earlier, flipping structure bullish.
1D Chart: Price has broken out of the mid-range consolidation phase and is now forming a fresh daily higher low after reclaiming the $400 zone. The RSI is above 97 (extremely strong momentum), and the candle formation is a large bullish engulfing — indicating aggressive buy-side pressure.
Trend Signal:📉
Short-term (1H): Bullish continuation pattern active
Mid-term (1D): Market structure flipped bullish after successful retest of dynamic EMAs
Trade Strategy Plan (Long Bias):💥
Entry Zone: $404 – $408 (confirmed breakout)✅
Target 1: $418🎯
Target 2: $432🎯
Stop Loss: Below $395☣️
Trade Duration: 1–3 Days (Intraday to Swing)
Why Bullish?💥
Price reclaimed key EMAs on both timeframes.
Strong BOS and CHoCH confirmation suggest demand dominance.
RSI shows explosive upside momentum with price tapping into fresh liquidity.
No immediate resistance until the $430 range.
Global Sentiment:🌍
Crypto markets are witnessing bullish spillover from BTC’s breakout above $105K. Market optimism is further fueled by increased whale accumulation and news of $BCH integration into a new cross-border payment rail pilot backed by Asian fintech firms.
Pro Tip:🧑💻
If price consolidates between $405–$408 with volume spike, expect breakout continuation. Trail your SL above local support to lock in profits.
👨❤️👨"The best traders wait for momentum to meet structure — then strike with clarity."
Disclaimer:⚠️
This is not financial advice. Always DYOR and manage risk properly. Trading involves capital risk.
