Long

Bitcoin Cash Long Term Trade

7 653
The price bounced from SMA100 and RSI confirmed the reversal. The market formed a new swing high which can be used for placing pending orders for buy. MACD histogram supports the possible upward movement and DMI allows opening long trades. Entry level is 2130.00 with stop orders at 1300.00 level. Profit targets are 2950.00 and 4000.00 resistance levels.

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