$BCH 🌂
Watching for one more push into $500 – $490s to tag deeper liquidity.
That’s the area I want to see swept before any meaningful bounce.
After that, look for rotation back toward $525 - $545.
Dip first - Bounce after. https://t.co/3M0tT1CJJo
$BCH 🌂
Watching for one more push into $500 – $490s to tag deeper liquidity.
That’s the area I want to see swept before any meaningful bounce.
After that, look for rotation back toward $525 - $545.
Dip first - Bounce after. https://t.co/3M0tT1CJJo
$BCH Snapshot
Price Action: The current price of Bitcoin Cash is $523.5. The latest candle shows a close at $523.5, with a range between $520.1 and $529.6.
Sentiment: Neutral.
Technicals: $BCH is near the 38.2% Fibonacci retracement level.
Key Price Levels
Support: $510.7
Resistance: $538.77
Fibonacci Retracement Levels:
0 - $510.7
23.6% - $517.76
38.2% - $522.12
50% - $525.65
61.8% - $529.18
78.6% - $534.20
100% - $540.6
Trend: Ranging
Positioning Summary
Theme | Sentiment | Note
Price | Neutral | Consolidating around $523.
Support | Neutral | Key support at $510.7.
Resistance | Neutral | Resistance at $538.77.
Quick Trade Ideas
Breakout: Long above $538.77 → Target $554.5 | Stop: $534.20
Reversal: Short below $522.12 → Target $510.7 | Stop: $525.65
Watchpoints
* Monitor the breakout of $538.77.
* Watch the support at $510.7.
* Reaction to the Fibonacci retracement levels.
$BCH
Wave (B) has probably started. https://t.co/w2w8vuS554