KRAKEN:BCHUSD   Bitcoin Cash / U.S. Dollar
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Uptrend.
So far, the price cannot be higher resistance level 288. Since the buyers tested this level a couple of times, there is a chance of breaking it and going to 294. At this level there is also resistance, but it is already stronger. After the third test of this level, the price will rebound to level 279.
It is also worth remembering the preliminary rollback, since the MAs are far from the graph and CCI is at the border of 100, so the price is in no hurry to grow much. If there is still a rollback to MAs, there will be a set of positions by about 283.

Comments

sir, now the price is 302 , what can we do now ?
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TrendFather MASTER1111
@MASTER1111, Wait when the price will find a level of support. I can post a new idea tomorrow.
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