$BCH
BCH
445.2
-0.42%
BULLISH TECHNICAL ANALYSIS
$BCH is showing strong bullish continuation after breaking above the 550–555 resistance zone. Momentum is supported by rising volume, and price is holding firmly above intraday support, favoring further upside.
Entry:
Buy on pullback: 550 – 555
Aggressive entry: above 565 (with volume confirmation)
Targets (TP):
TP1: 575
TP2: 595
TP3: 620
Stop Loss (SL):
535 (below key demand & structure)
Key Levels:
Support: 555 / 545 / 535 / 520
Resistance: 570 / 595 / 620
Pro Tip:
If BCH holds above 560 on a 4H close, expect momentum expansion toward TP2–TP3. Trail stop to breakeven after TP1 to lock profits.