Technical analysis by FxPro about Symbol BCH: Buy recommendation (15 hour ago)

- Bitcoin Cash broke resistance area - Likely to rise to resistance level 650.00 Bitcoin Cash cryptocurrency recently broke the resistance area between the round resistance level 600.00 (which stopped earlier waves B and 1) and the resistance trendline of the daily up channel from October. The breakout of the resistance area accelerated the active impulse waves 3 and (3). Bitcoin Cash cryptocurrency can be expected to rise to the next resistance level 650.00 (former multi-month high from September, which stopped earlier wave (1)).