Bitcoin CashShort
Trading plan: BCHUSD (Bitcoin Cash)
Updated
Current situation:
The Bitcoin Cash rate is in a bearish trend. Reversal of its rate is possible near the support levels.
Key levels are used by traders to identify immediate targets, limit losses, fix profit, entry points.
Resistance levels:
$1150;
$960;
$825;
$710.
Support levels:
$648;
$600.
Forecast:
We are looking for opportunities to sell Bitcoin Cash near the level of $ 710 with the targets: $ 648 or $ 600.
The Bitcoin Cash rate is in a bearish trend. Reversal of its rate is possible near the support levels.
Key levels are used by traders to identify immediate targets, limit losses, fix profit, entry points.
Resistance levels:
$1150;
$960;
$825;
$710.
Support levels:
$648;
$600.
Forecast:
We are looking for opportunities to sell Bitcoin Cash near the level of $ 710 with the targets: $ 648 or $ 600.
Note
Trading plan: BCHUSD (Bitcoin Cash)Current situation:
Bitcoin Cash price went to the upper border of the descending channel. We are now expecting a slight bounce of the Bitcoin Cash rate upward.
Key levels are used by traders to identify immediate targets, limit losses, fix profit, entry points.
Resistance levels:
$1150;
$960;
$825;
$710.
Support levels:
$682;
$648;
$600.
Forecast:
The growth of Bitcoin Cash rate from $ 682 to $ 740.
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