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Technical analysis by FenzoFxBroker about Symbol BCH: Buy recommendation (7/7/2025)

https://sahmeto.com/message/3617983
FenzoFxBroker
FenzoFxBroker
Rank: 174
3.3
Buy،Technical،FenzoFxBroker

FenzoFx—Bitcoin Cash rebounded from $469.1, a demand zone backed by the anchored VWAP and ascending trendline. BCH is now testing resistance at $500.4, supported by volume profile and anchored VWAP. Bullish Scenario: While the bullish trend remains intact above $469.1, consolidation toward $480.0 is likely before aiming for $528.3. Bearish Scenario: A close below $469.1 would invalidate the bullish scenario, exposing $437.0 as the next support.

Translated from: English
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Signal Type: Buy
Time Frame:
4 hours
Profit Target:
$528.3
Stop Loss Price
$469.1
Price at Publish Time:
$496.26
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