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📊 Current BCH Condition
Current Price: around $411.31 USD
24-hour Change: down around 2.8%
24-hour Trading Volume: around $276 million
Market Capitalization: around $8.17 billion
Circulating Supply: around 19.88 million BCH
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🔁 BCH Scalping Strategy (Timeframe 1–5 Minutes)
🎯 Profit Target: 0.5%–1%
❌ Stop Loss: 0.3%–0.5%
✅ Steps:
1. Use Fast Indicators:
EMA 9 and EMA 21 to see crossover as an entry signal.
RSI (14) to identify overbought/oversold conditions.
2. Place Limit Order (Maker):
Place limit BUY in minor support area.
Place limit SELL in minor resistance area.
3. Activate “Post Only” Feature:
Ensure your order becomes a maker to enjoy 0 fees.
4. Use Moderate Leverage:
Use leverage 3x–5x to manage risk.
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🧘 BCH Swing Trading Strategy (Timeframe 1H – 4H)
🎯 Profit Target: 3%–7%
❌ Stop Loss: 2%–3%
✅ Steps:
1. Trend Analysis:
Use EMA 50 and EMA 200 to determine mid-term trend direction.
Watch for pattern formations such as ascending triangle indicating potential trend continuation.
2. Use Additional Indicators:
MACD to see momentum.
Fibonacci retracement to identify support and resistance levels.
3. Place Limit Order (Maker):
Place limit BUY in strong support area.
Place limit SELL in strong resistance area.
4. Risk Management:
Use leverage according to risk tolerance and always set stop loss.
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📌 Additional Tips
BCH Active Hours: High volatility usually occurs between 07:00–11:00 WIB and 19:00–23:00 WIB.
Watch Key Levels: Support level around $415 and resistance around $438 are important areas to watch.
Monitor Technical Indicators: Ascending triangle formation indicates potential trend continuation if a breakout occurs.
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