TrendFather

BCH Great potential for profit (+36%)

BITTREX:BCHUSD   Bitcoin Cash
he price returned to the liquidity zone, most likely there will be a couple of days a small flat with an uptrend. Since MA 14 and MA 28 move up
and MA 28 (yellow) below all, which only reinforces the idea of bullish trend.

The price may roll back into the passage between MA 14 and MA 28, and this will be approximately to the support level 268, where there will be a set of positions and then growth. Growth will be up to 325 on which we hit strong resistance. If the price fixes lower, then we will probably go again to support 268.

But if there is no decrease in price to 268 in the coming days, then there will be growth, it will also last until resistance 325. Most likely, buyers will overcome the resistance and grow to a local resistance level of 350, which will definitely push the price to 325. Looking ahead, if the price fixed with good volumes, you can count on growth to 420.

Just do not exclude the breakdown of support and lower prices to the liquidity zone 197-245. With a decrease in these areas there is a high probability of approaching the upper border. After which there will be rapid growth and a return to 268. (The outcome is little possible, but it is worth keeping in mind).
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