Market Context: BCH has broken out of the daily descending trend and is now retesting the breakout, creating an excellent opportunity for a long spot position.
Trade Setup:
Entry: Ladder into a long spot position between $350 - $365. Take Profit: First target: $430 - $460 Second target: $500 - $530 Stop Loss: Just below $330.
This setup leverages the retest of the breakout for a favorable risk-to-reward opportunity. #BCH #Crypto #Breakout
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