During Wednesday’s price crash the price just dipped below 200.00 Today the RSI has turned up as the bulls have come back to push the price higher. Bitcoin Cash trades 2.63% higher today after crashing below the psychological 200.00 level during Wednesday’s crypto market crash. The level is quite a significant one and it does count as being broken as the price printed below, but the bulls were not ready to give up. The overall trend is still lower but it is a gallant effort and the 218.99 resistance level looks like a firm one. The RSI indicator has ticked up and I will be watching carefully what happens at the 50 mid-point. On the daily chart, there was a resistance point at 200.00 on 21st December 2018. This shows how important historical levels are in technical analysis. The four-hour chart below is more of a short term view and it clearly confirms the mass volume is on the sell-side. 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 EUR/USD technical analysis: Euro losing steam, trading below the 1.1120 level and 100-DMA FX Street 3 years During Wednesday's price crash the price just dipped below 200.00 Today the RSI has turned up as the bulls have come back to push the price higher. Bitcoin Cash trades 2.63% higher today after crashing below the psychological 200.00 level during Wednesday's crypto market crash. The level is quite a significant one and it does count as being broken as the price printed below, but the bulls were not ready to give up. The overall trend is still lower but it is a gallant effort and the 218.99 resistance level looks like a firm one. The RSI indicator… 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.
