🚀$BCH Ignites! Eyes on Breakout Above $410 — Will the Bulls Keep It Rolling? 🧨
📊 Current Price: $404.3
🕒 Timeframes: 1H & 4H
📈 24H Gain: +4.47%
🔍 Technical Analysis:
On the 1H chart, $BCH broke above the 20 & 50 EMA crossover zone around $393, forming a strong bullish candle followed by consolidation near $404.
RSI surged to 64.03, indicating growing bullish momentum but nearing overbought territory.
MACD histogram continues printing green with a strong crossover, supporting short-term bullish strength.
👉 On the 4H chart, $BCH tested the resistance zone of $410-$418 but is currently pulling back slightly.
Support base is building around $398-$401, indicating bulls are holding the level tight.
RSI at 56.19 and MACD crossover both align with bullish sentiment.
🎯 Immediate Targets:
Upside: $410 ➜ $418 ➜ $430
Support Zones: $398.1 ➜ $393 ➜ $386
📌 Strategy Suggestion: Wait for a strong 1H close above $410 for a continuation long.
If price dips near $398, consider a buy-the-dip approach with tight stop below $393.
🧠 Pro Tip: When major EMAs align with RSI momentum and MACD breakout, the probability of a continuation spike increases — but always lock partial profits near major resistances.
✨ If you value deep chart breakdowns like this, do follow for more powerful trade setups! 🚀
⚠️ This is not financial advice. Always DYOR before entering any trade.
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