CryptosAZ

BCH: The Indicators Hit The Top And Downward Trend Is Obvious

Short
KRAKEN:BCHUSD   Bitcoin Cash / U.S. Dollar
The bottom of the daily line is raised, which shows a long support, and the short-line MACD is stronger on the zero-axis waiting for further high.
The bottom of $285.4 is the key point of the support. If the price of the currency stabilized at $285.4, it will form a new round of rising prices.
You could do high throwing and bargain hunting on this trend, then $303.4 is the price for short.
My Suggestion:
Short: $304-$308;
Take profit: $298-$295
Stop loss: $311-$315

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