Trading plan: BCHUSD (Bitcoin Cash)

16 jul 2018

Current situation:
The Bitcoin Cash rate is growing rapidly. We assume that its growth will continue to levels of resistance.
Key levels are used by traders to identify immediate targets, limit losses, fix profit, entry points.
Resistance levels:
$1150;
$960;
$825.
Support levels:
$682;
$648;
$600.
Forecast:
The growth of Bitcoin Cash rate from $ 682 to $ 825.

16 jul 2018

Nota

Trend analysis: BCH/USD (Bitcoin Cash)
BCH / USD trend remains bearish.

Current situation:
Bitcoin Cash price reached our first target at $750 and went further. We forecast the continuation of BCH / USD price growth to the level of $810.

Key levels are used by traders to identify immediate targets, limit losses, fix profit, entry points.

Resistance levels:
1. $810;
2. $863.

Support levels:
1. $750;
2. $720;
3. $700;
4. $ 670;
5. $ 650.

Forecast:
The rise of the Bitcoin Cash price to $ 815.