BCHUSD at Key Support – Potential Buy Setup

21 de jan.

BCHUSD is trading within a significant demand zone where buyers have previously stepped in, causing strong reversals. The recent pullback into this area indicates the potential for a bullish reaction.

If the price shows bullish confirmation—such as engulfing candles or wicks rejecting lower prices—a move toward the 460.00 level is expected. This zone could act as a base for buyers to regain control.

However, if the price breaks below this support zone, the bullish outlook will be invalidated, and further downside could follow.

21 de jan.

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