$BCH Hello Binance Square Fam!
Bonjour! Ola! Marhaba! Time to put on your trader hats (or pirate hats?) because we’ve got an exciting short setup on Bitcoin Cash (BCH/USD) that’s all about precision, patience, and profit.
Let’s break it down the Thief Trading way!
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⚔️ BCH/USD Bearish Game Plan: The Heist Begins!
Bitcoin Cash has entered a neutral-to-bearish zone, and all signs point to a high-risk, high-reward setup. The market is consolidating below key resistance, and we’re watching for the perfect breakout to launch a strategic short entry.
📍 Entry Plan:
Primary Entry Zone: Watch for break below $320
Method: Use Sell Stop below the breakout MA, or Sell Limit from recent swing highs on lower timeframes (15m/30m)
Retest Entry: Best trades occur during a pullback to breakout level
🛑 Stop-Loss Strategy:
Set SL: Around $360, above swing high
Use 4H Chart for reference
Adjust SL based on your lot size and position count
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🎯 Profit Target: $270 — or Escape Before!
We’re eyeing the $270 support level as the heist zone. If momentum picks up, the move could happen quickly. Always use a trailing stop to lock in profits along the way — this is how smart scalpers and swing traders ride safely.
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🧠 Pro Tips for Traders:
Only trade SHORT during this setup — the trend favors bears.
Scalpers: Act quickly in and out, but don’t go against the trend.
Swing Traders: You’ve got a clean runway from 320 down to 270.
Set alerts near your trigger zone — don’t miss the breakout moment!
Watch out for news releases — volatility spikes can reverse clean setups!
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📰 Why BCH is Weak Now?
Fundamentals suggest:
Bearish pressure from broader macroeconomic outlook
Risk-off sentiment lingering in the crypto market
BCH stuck in range — ripe for trap setups and fakeouts
Keep an eye on COT reports, seasonal factors, and intermarket analysis. Always stay updated as the story evolves.
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⚠️ Final Reminder:
No plan = no profits.
Use proper risk management, lot sizing, and always trade with discipline. The setup is there, but you are the executor of the heist!
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