【$BCH Signal】Key level in long-short battle, waiting for 1H level direction choice
$BCH The 1H level is oscillating within the critical range of 550-560, with buying and selling forces temporarily balanced. The 4H EMA50 (549.3) provides strong support below, while the 1H EMA20 (558.0) and EMA50 (559.5) form short-term resistance. The current price hovers around 557.8, with the buy/sell ratio (0.53) slightly leaning bullish, but volume is shrinking, indicating an imminent direction choice. Open interest remains stable, with a slight negative funding rate, suggesting a non-main force distribution pattern, more like a consolidation after a short squeeze.
🎯Direction: Watchful (Pending Orders )
⚡Order Strategy:
1. Breakout Long Entry: If the price stabilizes above the 1H EMA50 resistance, it indicates a short-term momentum return.
🎯Entry: 560.50 (Reason: Break above 1H EMA50 and previous high on the hourly chart )
🛑Stop Loss: 554.50 (Reason: Break below recent consolidation low and 4H EMA50 support )
🚀Target 1: 568.00 (Reason: 4H previous high resistance )
🚀Target 1: 560.00 (Reason: Confirmed bounce after retracement, aiming for the upper boundary of the range )
🚀Target 2: 568.00 (Reason: Same as breakout target 1 )
🛡️Trade Management:
- Position size suggestion: Light position (Reason: Direction unclear, waiting for confirmation signals )
- Execution strategy: Once any pending order is triggered and reaches target 1, reduce position by 50%, and move stop loss to entry price. If the price does not move as expected and hits stop loss quickly, do not hold the position.
Deep logic: Market depth shows buy-side depth (20.62% imbalance) is better than sell-side, with large orders supporting around 557.7. The 1H RSI (48.6) is in a neutral to weak zone, with rebound potential. The key is whether the price can effectively break above 560 with volume expansion, or retrace to 550 without breaking support, forming a double bottom. Currently, it’s the calm before the storm; snipers are in position.
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【$BCH Signal】Key level in long-short battle, waiting for 1H level direction choice
$BCH The 1H level is oscillating within the critical range of 550-560, with buying and selling forces temporarily balanced. The 4H EMA50 (549.3) provides strong support below, while the 1H EMA20 (558.0) and EMA50 (559.5) form short-term resistance. The current price hovers around 557.8, with the buy/sell ratio (0.53) slightly leaning bullish, but volume is shrinking, indicating an imminent direction choice. Open interest remains stable, with a slight negative funding rate, suggesting a non-main force distribution pattern, more like a consolidation after a short squeeze.
🎯Direction: Watchful (Pending Orders )
⚡Order Strategy:
1. Breakout Long Entry: If the price stabilizes above the 1H EMA50 resistance, it indicates a short-term momentum return.
🎯Entry: 560.50 (Reason: Break above 1H EMA50 and previous high on the hourly chart )
🛑Stop Loss: 554.50 (Reason: Break below recent consolidation low and 4H EMA50 support )
🚀Target 1: 568.00 (Reason: 4H previous high resistance )
🚀Target 2: 575.00 (Reason: 1.618 Fibonacci extension level )
2. Pullback to Long: If the price retraces to the strong support zone on the 4H level, it’s a low-risk entry opportunity.
🎯Entry: 550.00 (Reason: Retracement to 4H EMA50 support and an integer level )
🛑Stop Loss: 545.00 (Reason: Break below key support, structure breakdown )
🚀Target 1: 560.00 (Reason: Confirmed bounce after retracement, aiming for the upper boundary of the range )
🚀Target 2: 568.00 (Reason: Same as breakout target 1 )
🛡️Trade Management:
- Position size suggestion: Light position (Reason: Direction unclear, waiting for confirmation signals )
- Execution strategy: Once any pending order is triggered and reaches target 1, reduce position by 50%, and move stop loss to entry price. If the price does not move as expected and hits stop loss quickly, do not hold the position.
Deep logic: Market depth shows buy-side depth (20.62% imbalance) is better than sell-side, with large orders supporting around 557.7. The 1H RSI (48.6) is in a neutral to weak zone, with rebound potential. The key is whether the price can effectively break above 560 with volume expansion, or retrace to 550 without breaking support, forming a double bottom. Currently, it’s the calm before the storm; snipers are in position.
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