๐จ Technical analysis for the $BCH coin | 4-hour timeframe
๐น Current price: $190.70 ๐ (-3.74% over 24h)
โ It moves within a neutral horizontal range without a clear direction, reflecting tradersโ hesitation and volatility.
โ The price oscillates between support and resistance zones without a decisive trend so far.
โ The 177.35$ โ 161.39$ range represents the main support / demand zone.
โ It moves below the 50 level at 41.95, indicating weakness in the current momentum.
๐ผ Bullish scenario (upside):
If it holds and breaks above 207.35$
๐ฏ 211.91$ โ 220.32$ โ 229.60$
๐ฝ Bearish scenario (downside):
If it breaks 184.98$ with a 4-hour close
โ 177.35$ โ 161.39$ โ 142.02$
๐ Note: Breaking any of the key levels will determine the next direction.
$BCH #BCH #BCHUSD
๐น Current price: $190.70 ๐ (-3.74% over 24h)
โ It moves within a neutral horizontal range without a clear direction, reflecting tradersโ hesitation and volatility.
โ The price oscillates between support and resistance zones without a decisive trend so far.
โ The 177.35$ โ 161.39$ range represents the main support / demand zone.
โ It moves below the 50 level at 41.95, indicating weakness in the current momentum.
๐ผ Bullish scenario (upside):
If it holds and breaks above 207.35$
๐ฏ 211.91$ โ 220.32$ โ 229.60$
๐ฝ Bearish scenario (downside):
If it breaks 184.98$ with a 4-hour close
โ 177.35$ โ 161.39$ โ 142.02$
๐ Note: Breaking any of the key levels will determine the next direction.
$BCH #BCH #BCHUSD