#BCH Update #2 – July 18, 2025
Bitcoin Cash completed a correction after its previous impulsive move, but within that correction, a secondary retracement occurred. This brought the price down to the edge of the 200 MA zone. The MA200 acted as strong support and triggered a reaction.
Despite experiencing another minor pullback, the current structure still appears favorable for Long entries. As shown in the chart, a Long position is already open. I haven’t set a stop-loss because I have enough capital to average down if needed.
For those looking to enter, this could be a good opportunity.
Bitcoin Cash completed a correction after its previous impulsive move, but within that correction, a secondary retracement occurred. This brought the price down to the edge of the 200 MA zone. The MA200 acted as strong support and triggered a reaction.
Despite experiencing another minor pullback, the current structure still appears favorable for Long entries. As shown in the chart, a Long position is already open. I haven’t set a stop-loss because I have enough capital to average down if needed.
For those looking to enter, this could be a good opportunity.
交易結束：目標達成
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