Mac_Trading

BCHUSD - near term support and resistance

Long
BITFINEX:BCHUSD   None
BCHUSD seems to be holding above a key support level, but the downward sloping resistance line will still be in play for some time. Short-term, if the price breaks above the short-term downward sloping trendline, then there may be support for a slow move upwards, limited for now by the horizontal resistance line.
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