#BCH太子 BCH's trading strategy today should be arranged around its sideways trend. In the 1-hour, 2-hour and 4-hour time frames, BCH has shown a stable sideways trend, which indicates that the market is currently in a stage where the forces of both long and short sides are relatively balanced.
In this trading strategy, we need to pay special attention to the long-short boundary price of the antenna: 477.70. This price will become a key indicator for us to judge the direction of the market. If BCH can successfully break through this price, the antenna will start, and the market bulls are expected to dominate. At this time, our upper target price should be locked near the two important points of 491.60 and 567.20, which may be potential targets for further increases in BCH prices.
However, if BCH fails to break through the long-short boundary price of 477.70, the market may continue to maintain a sideways trend, and may even turn to short-dominated. In this case, we should pay attention to the lower target prices: 468.40 and 444.20. These two positions may become support levels for the decline in BCH prices, and are also important references for us to adjust our trading strategies.
In summary, BCH's trading ideas today should be arranged around its sideways trend and the long-short boundary price. We need to pay close attention to market dynamics and flexibly adjust trading strategies to cope with possible market changes.
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