Key Highlights • BCH/USD continues to see a series of lower highs in its market valuation. • There is a likelihood that a notable move will soon experience past an upper range line at $280. • A break of either of the two range points at $280 or $240 will signal a definite price direction in BCH/USD market operations. Bitcoin Cash (BCH) Price Analysis • Major distribution territories: $320, $360, $400 • Major accumulation territories: $200, $160, $120 There has continued to be a series of lower highs in the market valuation of BCH/USD. The base-crypto has relatively risen northbound, to hit a strong distribution territory at $280 as it had earlier done on April 8. Price now hovers around $280 and $240 price values. Price now hovers around $280 and $240 price values.
The bulls’ pressures are now seemingly gathering momentum on a weak mote. And, for the second time that the $280 mark touched, there is a likelihood that a notable move will soon experience past the price line earlier mentioned. IF YOU MISSED SIGNAL AND WANT TO GET IN! USE THIS SET UP BUY LIMIT BCH/USD ENTRY 1 $245.50 ENTRY 2 $238.50 SL $230 TAKE PROFIT 1 $270.50 TP.2 $306 TP.3 $336 TP.4 $360 Tp.5 $420 Tp.6 $500
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