@ImpossibleAnalysis

YouTube

Avg. Quality

69

Success Rate

19.87

Analysis

302
Correct
60
Fail
195
Pending
47
Ineffective
0
Total Quality
Score
If You Had Traded on This Analysis…
Fail
BCHUSDT
Long Entry 556.7000 2025-11-24 17:53 UTC
Target 724.0000 Fail 449.0000 In 2 Months
Risk/Reward 1 : 2
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Final PnL
-19.35%
P/L:
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BCHUSDT
Fail
Cryptocurrency
Technical
1H
Analysis Predict Bull Market
The analysis focuses on Bitcoin Cash (BCHUSD) and its potential price movement over the next year. It notes that BCH has been ranging for approximately two years and has been fluctuating around the $530 mark since March 2024. The current price is around $541. Using Fibonacci retracements from the bottom in 2022, the price is above the 0.236 retracement level at $450. As long as the price remains above $450, there is a likelihood of upward movement. However, should Bitcoin's price decline to the $70,000 range and BCH break below $450, a correction back to $330 could occur. From a macro perspective, maintaining $334 would suggest a bullish structure. Breaking below $334 might signify a macro top, potentially leading to a capitulation down to $147 or $207.
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