Technical Analysis:
On the 15-minute timeframe, Bitcoin Cash (BCHUSDT) has successfully hit TP1 in a long trade setup, showing strong bullish momentum. The price has moved above the Risological dotted trendline, signaling an upward breakout.
Key Levels:
Observations:
With TP1 successfully completed, Bitcoin Cash is now aiming for higher targets. Keep an eye on price action as it approaches TP2 and beyond, as the bullish trend looks likely to continue.
On the 15-minute timeframe, Bitcoin Cash (BCHUSDT) has successfully hit TP1 in a long trade setup, showing strong bullish momentum. The price has moved above the Risological dotted trendline, signaling an upward breakout.
Key Levels:
- Entry: 350.85
- Stop Loss (SL): 344.45
- Target 1 (TP1): 358.80 (Done)
- Target 2 (TP2): 371.60 (Pending)
- Target 3 (TP3): 384.40 (Pending)
- Target 4 (TP4): 392.30 (Pending)
Observations:
- The price made a steady climb after breaking through the entry level, driven by positive market sentiment.
- Risological dotted trendline acted as support, boosting confidence for long positions
With TP1 successfully completed, Bitcoin Cash is now aiming for higher targets. Keep an eye on price action as it approaches TP2 and beyond, as the bullish trend looks likely to continue.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.