FieryTrading

🔥 BCH/USDT Strong Price Action After Bounce From Support

Long
BINANCE:BCHUSDT   Bitcoin Cash / TetherUS
BCH is seemingly regaining lost ground over the last couple of days. Ever since the price touched the lower support line, we've been blessed with bullish action.

Since the last couple of days have all been green with small relative gains, I think we will see some strong gains coming our way, accompanied by bigger candles. Since it's quite a speculative trade, I'm keeping the SL close.

On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs and round numbers. Do your own due diligence.

Happy trading!

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