BCH/USD daily chart BCH/USD had a bearish breakout from a triangle formation and is currently trading for $127.50. The market is sandwiched between the 20-day simple moving average (SMA 20) and SMA 50. The SMA 20 has already crossed over the SMA 50 which is a sell sign. BCH/USD 4-hour chart The BCH/USD 4-hour chart shows that the market is trending in the middle of the 20-day Bollinger band. Even though the last session is bearish, this indicates that the bears don’t have much momentum. The moving average convergence/divergence (MACD) shows that bearish momentum has reversed. BCH/USD hourly chart The Elliot wave oscillator in the hourly BCH/USD chart shows that the market’s volatility is decreasing. The relative strength index (RSI) graph is trending in the neutral zone. 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 AUD/NZD Technical Analysis: Plotting the upside Fibo targets FX Street 4 years BCH/USD daily chart BCH/USD had a bearish breakout from a triangle formation and is currently trading for $127.50. The market is sandwiched between the 20-day simple moving average (SMA 20) and SMA 50. The SMA 20 has already crossed over the SMA 50 which is a sell sign. BCH/USD 4-hour chart The BCH/USD 4-hour chart shows that the market is trending in the middle of the 20-day Bollinger band. Even though the last session is bearish, this indicates that the bears don't have much momentum. The moving average convergence/divergence (MACD) shows that bearish momentum has reversed. BCH/USD hourly chart The… 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.
