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Technical analysis by MyCryptoParadise about Symbol BCH: Sell recommendation (12/12/2025)

https://sahmeto.com/message/3978749
MyCryptoParadise
MyCryptoParadise
Rank: 31840

BCHUSDT Bulls Beware? Price Just Triggered a Classic Trap

Sell
Price at Publish Time:
$584.36
Sell،Technical،MyCryptoParadise

Yello Paradisers! have you noticed how BCHUSDT just tapped into a key resistance right after sweeping liquidity above previous highs? This could be the perfect bull trap, and what comes next might catch many traders off guard if they’re not prepared. 💎BCHUSDT has just taken inducement and is now reacting from a strong resistance zone. Price is currently moving within an ascending channel while also showing clear bearish divergence, a combination that increases the probability of a bearish move. This setup suggests that momentum is weakening despite higher price action, often a red flag for trend continuation. 💎Aggressive traders may already be looking to enter short from current levels. However, the more strategic and safer approach is to wait for another reaction from the resistance zone, ideally accompanied by a clear bearish candlestick pattern. That will give us a much higher probability entry with a more defined invalidation level. If this confirmation comes, we can then look to target the liquidity pools and support zones lying below. 💎That said, if BCHUSDT manages to break and close above the resistance zone with strength, it would completely invalidate our bearish scenario. In that case, it’s best to stay on the sidelines and wait for fresh price action to develop before taking any new trades. Chasing trades without structure is where most traders lose. 🎖Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler. Stay patient, disciplined, and focused only on high-probability setups, this is the only way you’ll make it long-term in this market. MyCryptoParadise iFeel the success🌴💎Boom! #BCHUSDT is doing just what we said. Down 2.67% and looking good!

Source Message: TradingView
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