BCHUSDT ๐ THE MASTER HEIST PLAN (BULLISH) ๐ ๐ฏ TITLE: LAYERED LIMIT ORDER ASSAULT!
๐ ASSET: Bitcoin Cash vs Tether (BCH/USDT) โฐ TIMEFRAME: Day / Swing Trade Heist ๐ BIAS: BULLISH LOOTING! ๐
๐ช ENTRY: THE LAYERED APPROACH (THIEF STYLE) ๐ช This is a MULTI-LAYER LIMIT ORDER HEIST! We are not entering all at once. We are sneaky thieves! ๐ฑโ๐ค Place your BUY LIMIT ORDERS at these precise levels to average your entry like a true OG: LAYER 1: 600.0 ๐ Swipe the first bag! LAYER 2: 590.0 ๐ Double the loot! LAYER 3: 580.0 ๐ Loading up... LAYER 4: 570.0 ๐ Max capacity! ๐ผ (You can increase your layers based on your capital, you clever thief!)
๐ STOP LOSS: THE ESCAPE ROPE ๐ This is the Thief's Official SL: 540.0
Dear Crew, adjust your escape plan based on YOUR risk appetite and how many layers you used! Protect your capital! ๐งจโ ๏ธ
๐ฏ TARGET: THE GREAT ESCAPE ๐ฏ The POLICE BARRICADE is forming at 670.0! ๐๐ง WE ESCAPE WITH THE STOLEN MONEY AT: 660.0 ๐โโ๏ธ๐จ
BCHUSDT The key question is whether the price can maintain its upward movement above 588.5-616.2. If it declines, we should see if it finds support around 541.9 and can rise. If not, we should check for support around 473.4-480.4. A medium- to long-term stepwise uptrend is expected to begin only after it rises above 678.7. tradingview.com/x/zN3JoZcQ/
๐ดโโ ๏ธ๐ฐ Thief Trader Heist Strategy ๐ฐ๐ดโโ ๏ธ The vault's open and BCH is the next crypto to get looted! ๐ค The Thief Trader gang is eyeing bullish action with a GRID / Layering Entry Method, sneaking in multiple limit orders at various price levels.
๐ฅ Entry Plan: Drop limit orders like a true thief at swing lows / pullback zones. Use 15M or 30M charts for sniper entries. We don't waitโwe layer. Entry is any price as long as it aligns with the Thief Plan.
๐งจ Stop Loss: SL set at 554.0 โ Below structure lows & trap zone. Risk managed based on lot size + number of entries. Always trail when in profit to protect the bag. ๐งค
๐ Target: We're aiming to secure profits near 625.0 Escape earlier if market turns hostileโno greed in a successful heist.
๐ฅ Market Conditions The BCH/USDT vault looks ready to burst ๐. Bullish flows, rising momentum, and overall strength in crypto sentiment signal a high-value robbery is underway.
โ Best for: ๐งฒ Scalpers (only LONG side!) ๐ผ Swing Traders ๐ธ DCA/GRID players ๐ Reminder: This is a Day/Swing Heist Plan โ not for impatient robbers!
๐จ News Risk Alert ๐ฐ News drops = ๐ง Roadblocks for thieves. Avoid entry during high-impact news Use trailing SL to lock profit & escape volatility
๐ง Pro Tip from the Vault ๐ง Study the chart. Follow the Plan. Protect the bag. ๐ก Winners donโt chaseโthey plan the perfect breakout.
๐ฅ Smash the BOOST button if you love this heist plan ๐ฅ ๐ Follow for daily market robberies and crypto break-ins ๐ ๐ Join the Thief Gang and steal the trend before the crowd! ๐ฑโ๐ค๐ฐ
From a technical standpoint, Bitcoin Cash is currently one of the best rounding coins compared to others, and it hasn't broken its upward channel. It continues to move steadily within the trend.
It recently took support from the midline of the channel and made a move, though this move wasnโt very large โ it stayed around a 4-5% profit range. It has now completed its correction, but if it drops back to the bottom of the channel and then rises again, the profit potential would be even higher. At the moment, thereโs only about 4% upward space left before it meets the top resistance of the channel.
Bitcoin Cash is currently one of the most technically clean and consistent altcoins. If it pulls back slightly, it might be a better entry, but thereโs no issue with entering from this level either. Therefore, Iโm opening a 4.5% position here, with a profit expectation of 4.5%.
After its last impulsive move, Bitcoin Cash experienced a full retracement. However, it managed to maintain its bullish structure by avoiding a close below its previous low.
At this point, it has reached its target and is still climbing. However, buying from here is a completely risky move. From a technical analysis perspective, Bitcoin Cash has already reached the extent of its potential upside.
Starting from this point forward, I absolutely do not recommend any long positions in Bitcoin Cash. Due to potential profit-taking by whales, a sharp correction is very likely.
Iโll provide updates as the situation develops, but for now, Bitcoin Cash is not in a suitable position for opening long trades. It has reached its target. Therefore, the best action at this stage is to wait.
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 havenโt 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 appears to have completed the correction of its latest impulsive move. The retracement ended at the 0.786 Fibonacci level, which also coincides with the 200 MA โ a strong technical support zone.
Given this confluence, I opened a Long position targeting a 5% profit. I am not using a stop-loss because I plan to lower my average entry by adding more from lower levels if needed. Technically, the setup looks favorable for a Long trade at this point.