You should check for any movement that deviates from the 264.48269150-278.26196606 section.
It is of paramount importance to rise above the 278.26196606 point and gain support. We must see if we can climb above the 278.26196606 point to amplify our expectations for the ascent.
Due to BTC's support test, we need to see where the BCH's support point is in the downturn.
If it falls below the 264.48269150 point, it is a short-term Stop Loss.
** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop-Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You should trade from a short-term investment perspective.)