Tag: BCH

Bitcoin Cash Price Weekly Analysis BCH USD

Bitcoin Cash Price Weekly Analysis – BCH/USD Facing Uphill Task No Comments

Key Points Bitcoin cash price recovered from the $301 low but faced a major hurdle against the US Dollar. There is a crucial bearish trend line with resistance at $475 forming on the 4-hours chart of BCH/USD (data feed from Kraken). The pair might continue to struggle to break the $450-475 resistance in the near term. Bitcoin cash price is recovering above $400 against the US Dollar....


Bitcoin Cash Price Technical Analysis BCH USD

Bitcoin Cash Price Technical Analysis – BCH/USD Dives Once Again No Comments

Key Points Bitcoin cash price struggled to remain in the bullish zone and moved below $500 against the US Dollar. There was a break below a major bullish trend line with support near $475 on the hourly chart of BCH/USD (data feed from Kraken). The price is just holding the $410-420 support area, but remains at a risk of more losses. Bitcoin cash price failed to gain pace against the ...


Bitcoin Cash Price Technical Analysis BCH USD

Bitcoin Cash Price Technical Analysis – BCH/USD Approaching Support No Comments

Key Points Bitcoin cash price after making a short-term top around $550 started a correction against the US Dollar. One of the two bullish trend lines with support near $495 and $470 on the hourly chart of BCH/USD (data feed from Kraken) was broken. The price is now approaching the second bullish trend line with current support around $470-465. Bitcoin cash price is correcting lower ...


Bitcoin Cash Price Technical Analysis BCH USD

Bitcoin Cash Price Technical Analysis – BCH/USD Spikes Above $500 No Comments

Key Points Bitcoin cash price surged higher and managed to break the $500 resistance against the US Dollar. There are two bullish trend lines formed with support near $490 and $470 on the hourly chart of BCH/USD (data feed from Kraken). The price might correct a few points from the current levels, but remains supported above $450. Bitcoin cash price surged towards the $550 level agai...


Bitcoin Cash Price Technical Analysis BCH USD

Bitcoin Cash Price Technical Analysis – BCH/USD Eyes Further Gains No Comments

Key Points Bitcoin cash price managed to break the $450 resistance against the US Dollar to gain momentum. There are was a break above a bearish trend line with resistance at $450 on the hourly chart of BCH/USD (data feed from Kraken). The price is now supported on the downside near $440 for further gains. Bitcoin cash price is gaining pace above $440 against the US Dollar. BCH/USD n...


Bitcoin Cash Price Technical Analysis BCH USD

Bitcoin Cash Price Technical Analysis – BCH/USD Testing Resistance No Comments

Key Points Bitcoin cash price has recovered from the $302 low against the US Dollar and currently testing an important resistance. There are two crucial bearish trend lines forming with resistance at $450 and $480 on the hourly chart of BCH/USD (data feed from Kraken). The price might struggle to move above the $480 resistance area unless buyers gain momentum. Bitcoin cash price is r...


Bitcoin Cash Price Weekly Analysis BCH USD

Bitcoin Cash Price Weekly Analysis – BCH/USD Remains Bearish No Comments

Key Points Bitcoin cash price started a major downside move from the $720 swing high against the US Dollar. There is a descending triangle pattern forming with resistance at $500 on the 4-hours chart of BCH/USD (data feed from Kraken). The pair is likely to continue moving lower as long as there is no close above the $500 handle. Bitcoin cash price declined below the $500 level again...


Bitcoin Cash Price Technical Analysis BCH USD

Bitcoin Cash Price Technical Analysis – Can BCH/USD Hold $400? No Comments

Key Points Bitcoin cash price faced an increased selling pressure and broke the $450 support against the US Dollar. There was a break below this week’s highlighted descending channel pattern with support at $430 on the hourly chart of BCH/USD (data feed from Kraken). The price is currently trading just around $400 and struggling to remain above the stated level. Bitcoin cash price ...


Bitcoin Cash Support is Coming to the Bitstamp Exchange at the end of September No Comments

Bitcoin Cash has proven to be a pretty resilient ecosystem these days. While few people gave it a fighting chance, things have turned out pretty well in the end. With more exchanges supporting BCH, the overall market liquidity is also improved. Bitstamp has posted an update in regards to Bitcoin Cash. The exchange will enable BCH trading and credit user balances at the end of September 2017. A...


Bitcoin Cash Price Technical Analysis BCH USD

Bitcoin Cash Price Technical Analysis – BCH/USD Still In Downtrend No Comments

Key Points Bitcoin cash price declined further and moved below the $500 support against the US Dollar. This week’s highlighted descending channel pattern with current resistance at $570 on the hourly chart of BCH/USD (data feed from Kraken) is still active. The price might correct a few points higher, but most likely to face sellers near $560 in the near term. Bitcoin cash price is...


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