Trade Signal For Bitcoin Cash (BCH-USDT)
(BCH-USDT)
This is a long term trade with good potential profit. The price bounces from the support zone formed by 1750.00 support level and SMA100. RSI confirms price reversal. MACD histogram supports possible upward movement. DMI shows that the bears are not so strong as before. It give us a new buy opportunity. Entry level is 2050.00 with stop orders at 1300.00 level. Profit targets are 2950.00 and 4000.00 resistance levels. In order to get an additional confirmation that the market is going to continue the main uptrend, the price will have to break the downtrend line. This signal can be used for adding more volume to the long positions.Cryptocurrency Exchange: Bittrex
Buy: 2050.00
Stop-Loss: 1300.00
Take-Profit: 2950.00 / 4000.00
