Bitcoin Cash Bullish Divergence

If the market does not pass through 300.00 level, it could be a possible starting point for upward movement. We have a bullish divergence at the strong support level. It gives us a trend reversal signal. MACD supports upward movement and DMI allows opening long trade. Pending orders for buy should be placed above the previous high at 332.00 level. Stop orders must be placed at 287.00 level. Profit targets are 400.00 and 500.00 resistance levels.