BCH/USD still looks like it is in a downtrend at the moment and 200 could be under threat. Below 200 there is a trendline support that could come into play is the bears push price hard. Bitcoin Cash is making consecutive lower lows and lower highs at the moment as the bearish phase continues. The BCH/USD price is still under the main value area on the chart where most contracts have been traded. The relative strength index is still looking depressed and hit the oversold level last week. Now there seems to be a slight bear flag formation forming ahead of the 200 psychological support level. Volume has been light on the sell-side but the price is still hitting lower levels. 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 Forex News Today: Daily Trading News share Read Next The Bitcoin futures commitment of traders (CoT) report does not read well for the bulls FX Street 4 years BCH/USD still looks like it is in a downtrend at the moment and 200 could be under threat. Below 200 there is a trendline support that could come into play is the bears push price hard. Bitcoin Cash is making consecutive lower lows and lower highs at the moment as the bearish phase continues. The BCH/USD price is still under the main value area on the chart where most contracts have been traded. The relative strength index is still looking depressed and hit the oversold level last week. Now there seems to be a slight bear flag… 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.
