Tag: Bitcoin Cash Analysis

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 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...


Bitcoin Cash Price Technical Analysis BCH USD

Bitcoin Cash Price Technical Analysis – BCH/USD Heading Lower No Comments

Key Points Bitcoin cash price is struggling to hold $540 against the US Dollar, and might test $500 once again. There is a descending channel pattern with current resistance at $580 forming on the hourly chart of BCH/USD (data feed from Kraken). The price is likely to continue moving down and could even test the next important support at $500. Bitcoin cash price is once again heading...


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