#BCH
👂I've heard that BCH is like ZEC, always giving money to everyone, let's see what's going on, Lin Ge 😏
☀️In the morning, we shared and learned together, 【Imbalance Zone Strategy】 let's analyze it in real trading 🤗
The analysis is as follows:
1️⃣ On the hourly level, BCH is in an uptrend, but during the rise, it quickly surged, creating an imbalance zone, and at a certain stage, the market is very likely to pull back to around 573.64, which also happens to be a support-resistance swap point 📚
2️⃣ Below, there is still a second imbalance zone, the same reasoning applies, but I won't explain it further
3️⃣ From the perspective of trading volume, currently the bearish 📉 momentum is stronger than the bullish momentum
🔍Therefore, let's place an order together to see what's going on 🔍
Current price or around 598
Take profit: around 573.59 (imbalance zone)
Stop loss: 610.07
🆚Risk-reward ratio 2:1
The strategy needs to be constantly backtested to verify its effectiveness. Follow Lin Ge to draw the lines 🧵, and let's work on candlestick operations together (◕_◕)/✏️