Expected scenario: Bitcoin Cash achieved the previous price target, a memory in the previous report at 291 levels against the US dollar, continuing this in the general downside trend in the medium and short term, and after testing the 290 dollar levels, which found the price It has strong support, working on slight rebounds in the price, the price is expected to rise to the levels of 352, and then return to retry and break the support of 290 dollars, so it can be repositioned in sales deals from the 350 levels with the price target set at 260 dollars.
Alternative scenario: In the event that the price exceeds and breaches the 350 resistance levels, we will witness a positive change in the general trend, with targeting the 416 then 461 levels as a second price target, although the rise scenario under the current data is The weakest at the moment.
Expected general trend: (bullish) corrective.
Estimated traffic range: 350 to 260
