Technical analysis by whaliocom about Symbol BCH: Buy recommendation (7/15/2025)

#BCH Update #1 – July 15, 2025 Bitcoin Cash appears to have completed the correction of its latest impulsive move. The retracement ended at the 0.786 Fibonacci level, which also coincides with the 200 MA — a strong technical support zone. Given this confluence, I opened a Long position targeting a 5% profit. I am not using a stop-loss because I plan to lower my average entry by adding more from lower levels if needed. Technically, the setup looks favorable for a Long trade at this point.I closed half of the position. About 2% profit.