🚨 $BCH Market Update & Trade Setup 🚨
BCH
412.7
-0.50%
Just followed the market trend and took a hit. The mainnet upgrade has already played out positively, and we're now in a beardominated weak market.
📊 Key Levels:
🔻 Floor: $405
🔺 Ceiling: $428
📉 Short Setup:
Wait for a bounce back to around $425 before entering
🛑 Stop Loss: $432
🎯 Target: $408
📈 Long / Bottom Catch Setup:
Don't rush wait for a drop to $405
Try a light position only
🛑 Stop Loss: $398
⚠️ Reminder
Market sentiment is particularly poor right now. If BTC takes another dive, BCH will definitely follow suit don't go in heavy.
Not Financial Advice just my personal view. For reference only. If you have different thoughts, feel free to comment and discuss 👇