Technical analysis by Xeeshan79 about Symbol BCH: Buy recommendation (12/10/2024)
https://sahmeto.com/message/3053871
Xeeshan79
Rank: 25179
Analytical Power:
1.4
BCHUSD: Triangle Breakout Setup!
Buy
Price at Publish Time:
$542.57
Profit Target:
(+8.52%)$588.78
Stop Loss Price:
(-5.45%)$513

BCHUSD is forming a symmetrical triangle pattern on the 30-minute chart, indicating potential breakout opportunities. Key resistance at $566.43 and support at $524.46. Watch for a decisive move beyond these levels to confirm direction. Targets: $588.78 on the upside or $513 on the downside. Trade with caution and manage risk effectively!"
Source Message: TradingView