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Long term, the trend of the Bitcoin Cash chart is still down. The 100-Day EMA provide significant resistance. The upper descending trend line also provide strong resistance.
RSI is below 50, a sign of an down trend. The MACD turned down but earlier the MACD showed positive divergence indicating the uptrend would begin however it might possible to be a fake buy signal.
RSI is below 50, a sign of an down trend. The MACD turned down but earlier the MACD showed positive divergence indicating the uptrend would begin however it might possible to be a fake buy signal.