BCH breaks out on the medium term. Good enough upside potential ahead. Bitcoin Cash, the ambitious split cousin of the largest cryptocurrency Bitcoin, has given a breakout on the medium term chart, a breather for the bulls who have been scrambling to get hold of the prices for a long time. BCH/USD is up nearly 5 percent on day, biggest gainer of the day among major cryptocurrencies. On the daily chart, BCH manages to breakouyt of a falling wedge drawn from its September highs, although confirmation of this breakout would be once it manages to cross past $525-540 range and sustain it. Target for this breakout is placed around $650 – about 30 percent from the current price and exactly where it has to cross past and sustain the momentum for a longer term breakout. BCH/USD daily chart: 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 Ripple’s short term breakdown has some more pain left FX Street 4 years BCH breaks out on the medium term. Good enough upside potential ahead. Bitcoin Cash, the ambitious split cousin of the largest cryptocurrency Bitcoin, has given a breakout on the medium term chart, a breather for the bulls who have been scrambling to get hold of the prices for a long time. BCH/USD is up nearly 5 percent on day, biggest gainer of the day among major cryptocurrencies. On the daily chart, BCH manages to breakouyt of a falling wedge drawn from its September highs, although confirmation of this breakout would be once it manages to cross past $525-540 range and… 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.
