BCHUSD - Currently Neutral

25 באוק׳ 2018

We are neutral on Bitcoin cash and watching the 425-454 band for a potential breakout. Although the main trend is downwards, there is a strong support area between 420-425 levels. We are going to follow a bullish scenario if we see a break above 454 resistance. The targets are 477,503 and 530 levels respectively. On the other hand, if we see break below 420-425 support area, we are going to follow a bearish scenario targeting 400