Bitcoin Cash (BCH) - July 25Hello?
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(BCHUSDT 1W Chart)
Whether or not it can move higher than 202.7 is the key.
To do that, you need to make sure you can climb above the 122.6-146.0 section.
(1D chart)
Primary resistance: 146.0
Secondary resistance: 174.8-202.7
Support: 106-122.6
We need to see if the price holds the price above the 60 SMA level.
To do so, it needs to be supported in the 122.6-129.0 section or higher.
- The Stoch RSI indicator is an indicator that can detect short-term fluctuations.
- The rise of the CCI indicator is likely to show an upward trend from a mid- to long-term perspective.
At the same time, when the Stoch RSI indicator and CCI indicator rise, more volatility appears.
The opposite is also true.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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