📊 Bullish breakout from a Sideways Channel ($215 - $260), surpassing $260 resistance signals Uptrend resumption, eyeing +15% gains to $300. Retesting the breakout now. 🚀 Stop loss (SL) at $247. (Set a price alert!)
🔄 Pattern: Trading within a Sideways Channel suggests market indecision. Trend Traders await a breakout; Swing Traders buy near Support, sell near Resistance.
📈 Trend: Uptrend (ST, MT, LT)
🚀 Momentum: Mixed - MACD Line > Signal Line (Bullish), RSI ~ 50 (Neutral). Declining MACD Histogram bars hint at weakening momentum.
🔍 Supp/Res: $260 (prev. resistance), $200 / $300 (target), $330
🚨 Set alerts & manage risk!
🎯 Buy Signal: Break above $260 (Uptrend resumption)
🎯 Sell Target: $300 (Mid-January rejection level)
🛑 Stop Loss: $247
Stay vigilant! 🚀 #BCH #CryptoTrading #BitcoinCash #Write2Earn
