VARZAR_INVESTMENT
Long

Trading plan: BCHUSD (Bitcoin Cash)

KRAKEN:BCHUSD   Bitcoin Cash / U.S. Dollar
Current situation:
The Bitcoin Cash rate is in a narrow corridor for almost a week. We forecast a sharp exit of the Bitcoin Cash price up from the support levels.
Key levels are used by traders to identify immediate targets, limit losses, fix profit, entry points.
Resistance levels:
$ 1150;
$ 960;
$ 825;
$ 710.
Support levels:
$ 682;
$ 648;
$ 600.
Forecast:
The growth of Bitcoin Cash rate from $ 648 to $ 825.

Comment: Trend analysis: BCH / USD (Bitcoin Cash)
The BCH / USD trend remains bearish.

Current situation:
Today Bitcoin Cash price exited the flat, breaking the $710 level. We forecast the continuation of the BCH / USD price increase, if the quotation is fixed above the level of $750, then the next target will be at $810.

Key levels are used by traders for determining immediate targets, limiting losses, fixing profits, entry points.

Resistance levels:
1. $ 720;
2. $ 750;
3. $ 771;
4. $ 810.

Support levels:
1. $ 670;
2. $ 660;
3. $ 650.

Forecast:
Bitcoin Cash price increase to the zone: $750-$810.

Comments

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