– Bitcoincash broke resistance zone
– Likely to rise to resistance level 300.00
Bitcoincash cryptocurrency recently reversed broke the resistance zone between the resistance level 255.00 (former monthly high from July) and the resistance trendline of the daily up channel from June.
The breakout of this resistance zone strengthened the bullish pressure on Bitcoincash.
Bitcoincash cryptocurrency be expected to rise further to the next round resistance level 300.00 – from where the price is likely to correct down shortly.
By the FxPro Analyst Team
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By the FxPro Analyst Team
Follow our dedicated Telegram channel t.me/fxpro for insightful market analysis and expert commentary.
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Follow our dedicated Telegram channel t.me/fxpro for insightful market analysis and expert commentary.
Reach out to media.comments@fxpro.com for PR and media inquiries
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.