Bitcoin Cash
Long

BCH/USD pauses at 110-EMA, stay long on break above

273
Bitcoin cash pauses 3-day bull run, finds stiff resistance at 110-EMA.
We are seeing some overbought pressures. Pullbacks possible at stiff resistance.
Cloud offers immediate support at 533, break below could see further weakness.
On the upside, breakout at 110-EMA could see test of 23.6% Fib at 745.

Support levels - 533 (cloud top), 495 (5-DMA), 450 (20-DMA)
Resistance levels - 575 (110-EMA), 659 (Sept 2nd high), 745 (23.6% Fib)

Watch out for break above 110-EMA to go long, place stops at 530, target 660/ 700/ 745.

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