At the moment, BCHUSD is trading at $194, and its resistance is at $205. You can sell it from there if the H4 candle rejects. The take profit level would be its support level at $170, and the stop loss would be at $220. Currently, the Weekly RSI is also crossing the 70 level, which indicates an overbought zone, so it should come down. I hope we can make a good profit.
Not financial advice. Trading carries risks. Consult a professional advisor. Perform due diligence. No endorsement of specific strategies by OpenAI or its models.
Not financial advice. Trading carries risks. Consult a professional advisor. Perform due diligence. No endorsement of specific strategies by OpenAI or its models.