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Post

$BCH is showing a bullish market structure, with price forming a clear Higher High and Higher Low sequence.


Price is currently around the 220 area, while the key demand zone sits between 212–208.
I’m watching this zone for a potential long, but I won’t enter blindly. The setup needs a clear bullish rejection and confirmation from the demand area first.
Trade Setup: Direction: LONG Entry Zone: 212–208 Target: 305 Confirmation: Bullish rejection from demand
Structure first. Confirmation second. Entry third.

#16FedOfficialsExpectAnotherHikeThisYear #ShareWeekly
This page contains third-party content and does not constitute any advice, nor does it represent Gate's endorsement of such views. For details, please see disclaimer.
BCHBCH+0.95%
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Comment 6
ProfitMover
LONG. The logic is clear, but I’ll build the position in batches rather than going all in at once.
GasPriceOracle
The 305 target is a bit aggressive, but with the structure taking shape, there is indeed a chance.
CycleHunter
Structure first, confirmation second, entry third—this discipline is worth learning.
DeltaNeutral
16 Fed officials still expect rate hikes; don’t forget the macro pressure.
S2FBeliever
Higher High Higher Low has formed; now it just needs a reaction from the demand zone.
GmGmBot
The 212–208 demand zone is indeed crucial; it’s safer to wait for a clear bullish rejection signal before entering.

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