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Bitcoin Cash (BCH) - August 8

BITTREX:BCHUSDT   Bitcoin Cash (BCHN) / Tether
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We will see if we can ascend to the critical section of 313.0-360.34815973.

The long-term uptrend line (1) is passing near the 313.0 point, so if it rises above the uptrend line (1) and gains support, we expect a lot of gains.

If it goes down, we need to see if we can get support at 273.86928007.

The point 264.48269150 is the upper point of the box section, so it is a short-term stop loss.

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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.)

[Example of exchange chart setup]

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

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