BCHUSDT is trading inside a descending channel, indicating that the broader trend remains bearish. Price recently faced rejection near the upper channel resistance and is now drifting back toward the middle of the channel.
📍 Current Price: ~212 USDT
🟢 Key Support: 180–190 USDT
🔴 Key Resistance: 224–245 USDT
Bullish Scenario
A daily close above the descending channel resistance would invalidate the bearish structure and could trigger a stronger recovery.
🎯 Breakout Target: 224.49 USDT
🎯 Extended Target: 245–260 USDT if bullish momentum continues.
Bearish Scenario
As long as BCH remains below the channel resistance, sellers retain control.
📉 Downside Target: 190 USDT
📉 Major Support: 180 USDT
⚠️ Invalidation: A daily close above 245 USDT would invalidate the bearish outlook.
Market Outlook: Bearish to Neutral. BCH remains trapped inside a descending channel. Until buyers reclaim the upper trendline, the probability favors continued consolidation or another move toward the lower support zone.
📍 Current Price: ~212 USDT
🟢 Key Support: 180–190 USDT
🔴 Key Resistance: 224–245 USDT
Bullish Scenario
A daily close above the descending channel resistance would invalidate the bearish structure and could trigger a stronger recovery.
🎯 Breakout Target: 224.49 USDT
🎯 Extended Target: 245–260 USDT if bullish momentum continues.
Bearish Scenario
As long as BCH remains below the channel resistance, sellers retain control.
📉 Downside Target: 190 USDT
📉 Major Support: 180 USDT
⚠️ Invalidation: A daily close above 245 USDT would invalidate the bearish outlook.
Market Outlook: Bearish to Neutral. BCH remains trapped inside a descending channel. Until buyers reclaim the upper trendline, the probability favors continued consolidation or another move toward the lower support zone.
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כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
FOLLOW MY TELEGRAM CHANNEL FOR FREE : bit.ly/3JfrpgV
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.