【$BCH Signal】Bull-Bear Battle, Waiting for 1H Level Direction Choice

$BCH The 1H level is oscillating narrowly near a critical support level, with bulls and bears in stalemate. The 4H level remains in a high consolidation zone after rebounding from a low point, but the 1H chart shows the price wandering between EMA20 (561.86) and EMA50 (551.63), with the latest 1H candle volume extremely shrinking, indicating a typical pre-breakout sign. Open interest remains stable, and negative funding rates suggest bears are dominant but not crushing, and the price not dropping sharply indicates buying support.

🎯 Direction: Watch and wait (Pending Orders)

⚡ Pending order strategy:

- Bull Scenario: If the price strongly breaks through and stabilizes above the 1H EMA20, it is considered a short-term momentum return.

🎯 Entry: 564.00 (Reason: Break above 1H EMA20 and hold steady)

🛑 Stop Loss: 557.50 (Reason: Break below recent consolidation low and ATR lower band)

🚀 Target 1: 572.50 (Reason: Previous high resistance on 4H level)

🚀 Target 2: 580.00 (Reason: 1.618 Fibonacci extension level)

- Bear Scenario: If the price fails to rebound and breaks below the 1H EMA50 support, bears will dominate in the short term.

🎯 Entry: 555.00 (Reason: Break below 1H EMA50 and key psychological level)

🛑 Stop Loss: 562.00 (Reason: Reclaim above 1H EMA20)

🚀 Target 1: 545.00 (Reason: Dynamic support from 4H EMA20)

🚀 Target 2: 535.00 (Reason: Previous wave low area)

🛡️ Trading Management:

- Position suggestion: Light position (Reason: unclear direction, waiting for confirmation signals, trial order nature)

- Execution strategy: After any side’s pending order is filled, upon reaching the first target, reduce position by 50%, and move stop loss to entry price (break-even). Remaining position follows trailing stop profit. If the price triggers the opposite scenario’s entry condition, the original order is automatically canceled, and the new signal takes precedence.

Deep logic: The order book shows buy depth (bid_ask_ratio_depth: 1.87) significantly better than sell, but the price is slightly falling, indicating possible main force suppressing the price to accumulate. The 1H RSI (50.07) is in a neutral zone, no divergence, waiting for direction choice. Market logic suggests the price is falling but open interest remains stable, not mainly driven by main force unloading, more like long liquidation or shakeout. Key is whether the price can quickly recover the 562-564 area.

Trade here 👇 $BCH

---

Follow me: Get more real-time analysis and insights into the crypto market! $BTC $ETH $SOL
‍#我在Gate广场过新年 #Gate广场发帖领五万美金红包