đ¨ LONG Position Alert on #BCHUSDT đ¨
Entry: $325.64
Stop Loss: $324.44
Timeframe: 15M
BCH is showing signs of strength, with resistance levels forming and multiple touches, indicating that stops have accumulated from participants in these positions. Thereâs also a noticeable imbalance from several short candles, with an active buyer pushing the price upward, creating a bullish triangle formation. I anticipate consolidation followed by upward movement driven by stop hunting.
đ Target Take Profits:
1ď¸âŁ $327.22
2ď¸âŁ $328.87
3ď¸âŁ $330.73
đ Key Insight: Watch for a potential breakout from consolidation as the price targets the highs.
Stay focused and trade smart!