Key Points Bitcoin cash price declined further and traded close to the $420 support level against the US Dollar. There is a new bearish trend line in place with resistance near $435 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is likely to face a lot of selling interest…
Key Points Bitcoin cash price is holding the $440 support and is trading with a positive bias against the US Dollar. There is a contracting triangle in place with support at $445 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is likely to break to the upside towards the…
Key Points Bitcoin cash price failed to recover above the $440 and $450 resistance levels against the US Dollar. There is a connecting bearish trend line in place with resistance at $444 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair could decline below $420 if it continues to struggle…
Key Points Bitcoin cash price found support near the $420 level and later recovered against the US Dollar. There is a key bearish trend line formed with resistance at $470 on the 4-hours chart of the BCH/USD pair (data feed from Kraken). The pair is likely to face a lot of selling interest near the…
Key Points Bitcoin cash price traded higher recently and moved above the $515 resistance against the US Dollar. There was a break above a crucial bearish trend line with resistance at $512 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is now placed in a positive zone and it…
Key Points Bitcoin cash price declined further and tested the $500 support against the US Dollar. There is a crucial bearish trend line in place with resistance at $530 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is likely to face a strong selling interest near the $530 and…
Key Points Bitcoin cash price found support above the $500 level and started an upward move against the US Dollar. Yesterday’s highlighted connecting bearish trend line with resistance at $535 was breached on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is likely to continue higher towards the $560 and…
Key Points Bitcoin cash price gained traction and moved above the $500 barrier against the US Dollar. There is a key contracting triangle in place with support near $510 on the 4-hours chart of the BCH/USD pair (data feed from Kraken). The pair is likely to break higher towards the $575 and $600 levels in…
Key Points Bitcoin cash price is struggling to recover and move back above $445-450 against the US Dollar. There is a key bearish trend line in place with resistance at $445 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair could continue to move down as long as it is…