🪙 Analysis and Tracking of Currency $BCH (Bitcoin Cash) – Buying Opportunity Take Advantage of the Drop and Enter from the Bottom ⚡️
🔹 Current Purchase Price: 555
🎯 Targets:
🎯 First Target: 580
🎯 Second Target: 620
🎯 Third Target: 660
🛑 Stop Loss: 530
📌 Let’s Talk a Bit About the Currency:
Bitcoin Cash is a well-known digital currency that has been in the market for a long time. Its goal is to be a fast payment method with low fees compared to others, suitable for daily transactions and purchases, and it has a strong community and high liquidity in the market.
📊 Key Technical Indicators:
• The RSI indicator is close to normal areas and allows for upward movement.
• The MACD indicator is trying to give a positive signal with improved momentum.
• Trading volume is stable and shows gradual interest from traders.
• The general short-term trend is leaning towards consolidation awaiting a stronger movement.
💡 Advice:
Enter in phases and don’t put all your capital in one go, and risk management is the most important thing.
⚠️ Warning:
Any clear break of the stop loss means we reassess the trade without emotion and be smart and withdraw.
