🪙 Analysis and Tracking of Currency $BCH (Bitcoin Cash) – Buying Opportunity ⚡️
🔹 Current Purchase Price: 573
🎯 Targets:
🎯 First Target: 610
🎯 Second Target: 650
🎯 Third Target: 700
🛑 Stop Loss: 545
📌 Let's Talk a Bit About the Currency:
Bitcoin Cash is one of the oldest currencies in the market, focusing on fast transfers and low fees, and it still maintains a strong presence among major currencies. The current price of 573 is close to an important support area and may be suitable for entry if the market remains positive.
📊 Key Technical Indicators:
• RSI Indicator is moving in the neutral zone, allowing room for upward movement without saturation.
• MACD Indicator shows a positive crossover attempt supporting continued momentum.
• Trading volume is stable and indicates gradual accumulation.
• Short-term trend direction is maintaining an upward path above clear support.
💡 Tip:
Entry should be gradual with capital management and not overexposing the size of the trade.
⚠️ Alert:
A clear break of the level 545 will cancel the positive scenario, and adhering to the stop loss is essential
