BCH/USD daily chart BCH/USD has had a bearish breakout from a triangle formation. Bulls will need to defend immediate support which lies at $127. BCH/USD 4-hour chart The BCH/USD 4-hour chart is trending in the middle of the 20-day Bollinger band which indicates that the market is not strongly bearish. The 20-day simple moving average (SMA 20), SMA 50, and SMA 200 curves are all trending above the market, which indicates a bearish market. The SMA 200 has already crossed over the SMA 50 curve which is called a “death cross” and is a strong sell signal. BCH/USD hourly chart The Ichimoku indicator shows an upcoming thick bearish cloud for the BCH/USD hourly market. The Elliot wave’s latest session is bullish even though majority sentiment remains bullish. Key Levels Resistance 3: $132.4006 Resistance 2: $130.4683 Resistance 1: $128.9942 Pivot Point: $127.0619 Support 1: $125.5877 Support 2: $123.6554 Support 3: $122.1813 FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next German ForeignMin Maas still hopes a no deal Brexit can be avoided before March 29 FX Street 4 years BCH/USD daily chart BCH/USD has had a bearish breakout from a triangle formation. Bulls will need to defend immediate support which lies at $127. BCH/USD 4-hour chart The BCH/USD 4-hour chart is trending in the middle of the 20-day Bollinger band which indicates that the market is not strongly bearish. The 20-day simple moving average (SMA 20), SMA 50, and SMA 200 curves are all trending above the market, which indicates a bearish market. The SMA 200 has already crossed over the SMA 50 curve which is called a "death cross" and is a strong sell signal. BCH/USD hourly… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
