Fxprotrader

BitcoinCash: Rejection at Key Support Level

Long
Fxprotrader Updated   
BITFINEX:BCHUSD   None
Still waiting for BitcoinCash to move to higher levels, reaching previous highs like 2800, we now have a very nice level to watch for longs. Price seems to be heavily rejected at a key support level consist of previous structure and the sliding parallel of an upsloping median line set. In case we get a buy setup completion I will post it in my newsletter to get updated.

Feel free to like and share your thoughts below,
John
Comment:
Price reached the sliding parallel of the median line. Start watching for a buy setup completion
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.