BCHUSDT 1D chart shows a clean technical breakout after months of slow grinding structure. Price has officially pushed through the $570–$580 resistance that’s capped upside since December 2023. This move comes on growing volume and renewed interest in BCH across crypto forums and analyst posts, with some calling it a long-overdue move for a top-20 coin.
The prior resistance zone around $430–$470 acted as a major accumulation range — now flipping into solid support. Price is also respecting a long-standing ascending trendline since April, showing consistent higher lows and steady bullish structure.
Stochastic RSI confirms momentum is shifting — pushing out of the mid-zone and suggesting trend continuation. With this breakout confirmed, the next major target sits near $640: the high from late 2024.
If BCH holds this breakout, it may be entering a new expansion phase. Watch for possible retests of $570–580, but structure favors bulls.
The prior resistance zone around $430–$470 acted as a major accumulation range — now flipping into solid support. Price is also respecting a long-standing ascending trendline since April, showing consistent higher lows and steady bullish structure.
Stochastic RSI confirms momentum is shifting — pushing out of the mid-zone and suggesting trend continuation. With this breakout confirmed, the next major target sits near $640: the high from late 2024.
If BCH holds this breakout, it may be entering a new expansion phase. Watch for possible retests of $570–580, but structure favors bulls.
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Explore 5,000 Strategies at quanttradingpro.com
Search for the most profitable, lowest risk by symbol!
Search by indicators like Supertrend, Ichimoku, macd.
Join our discord discord.gg/2systG9frc
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Search for the most profitable, lowest risk by symbol!
Search by indicators like Supertrend, Ichimoku, macd.
Join our discord discord.gg/2systG9frc
We provide education & tools.
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.