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Bitcoin Cash (BCH) - October 31

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BITTREX:BCHUSDT   Bitcoin Cash (BCHN) / Tether
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It fell from the important point, 264.48269150.

You need to see if you can get support at the uptrend line (4) and at 258.06654252.

If it falls from the 258.06654252 point, it is expected to fall to the 249.04052441 point.

The final Stop Loss point is 234.247651895.

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** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.

Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment

(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You should trade from a short-term investment perspective.)
تعليق:
(Bittrex BCHUSDT 1D chart)
If it falls in the 229.0-234.247651895 range, I think it is necessary to trade to preserve profit and loss.
It remains to be seen if it can gain support and rise at the uptrend line (5) and at 236.32.

[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
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