The cryptocurrency Bitcoin Cash (BCH) is trading in a neutral direction
Direction
(BCH) is trading now at $ 359.11
As we know that neutral direction always been at risky areas
So we do not recommend trading them at the moment until you trade with a specific clear trend or intersecting the nearest strong resistance area which at $ 380.47
Otherwise, we could see some of the correction areas to test the strength of support areas in preparing to fly to higher ranges
Overall we advise buyers to place a stop loss below $ 330.00 areas, as breaking these prices leads to a correction.
As Shown
The Chart Below
Prediction:
Bitcoin Cash digital currency, if the price of $ 330.00 is broken, it may target levels of $ 275.48
Support & Resistance
Support: $ 330.00 - $ 275.48
Resistance: $ 380.47
