Weekly Chart Analysis | Long-Term Setup
BCH is forming a powerful macro structure that could lead to a massive breakout.
🔹 Descending Channel Structure
The price has been respecting a clean descending channel since 2023.
Each rejection from the upper trendline has led to a higher low — showing clear accumulation.
🔹 Key Entry Zone: $220–$230
This zone has acted as major support multiple times.
If BCH revisits this level and holds again, it could trigger a major trend reversal.
🔹 Breakout Targets: $3,000–$5,000
If the breakout occurs as projected, BCH could rally into this zone in the coming bull cycle.
This would be a potential 10x+ opportunity from the bottom range.
Final Thoughts:
📌 This is not a short-term play.
📌 It’s a macro setup for serious investors and position traders.
📌 The structure mirrors historical accumulation zones seen before massive moves.
💬 What’s your take on BCH long-term?
Comment below and share your chart if you’re tracking it too 👇
BCH is forming a powerful macro structure that could lead to a massive breakout.
🔹 Descending Channel Structure
The price has been respecting a clean descending channel since 2023.
Each rejection from the upper trendline has led to a higher low — showing clear accumulation.
🔹 Key Entry Zone: $220–$230
This zone has acted as major support multiple times.
If BCH revisits this level and holds again, it could trigger a major trend reversal.
🔹 Breakout Targets: $3,000–$5,000
If the breakout occurs as projected, BCH could rally into this zone in the coming bull cycle.
This would be a potential 10x+ opportunity from the bottom range.
Final Thoughts:
📌 This is not a short-term play.
📌 It’s a macro setup for serious investors and position traders.
📌 The structure mirrors historical accumulation zones seen before massive moves.
💬 What’s your take on BCH long-term?
Comment below and share your chart if you’re tracking it too 👇
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Twitter: twitter.com/CryptoPatel
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。