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Bitcoin Cash (BCH) - August 29

BITTREX:BCHUSDT   Bitcoin Cash (BCHN) / Tether
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It's supported at point 264.48269150, and we have to see if we can climb above 277.55942898.

If it falls from the 264.48269150 point, it is likely to touch the 229.00000924 point.

I think that in order to make further gains, we need to rise above 277.55942898 points over the weekend to gain support.

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** 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 generating profit 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 must trade from a short-term investment perspective.)

[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
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