BCH/USD drops down after encountering resistance at $309. The SMA 20 is looking to cross over the SMA 200 to chart bullish cross pattern. BCH/USD daily chart BCH/USD faced bearish correction after two straight bullish days. BCH/USD dropped from $309 to $305.20 this Friday. In the process, it fell below the upward channel formation. The SMA 20 is looking to cross over the SMA 200 to chart bullish cross pattern. The MACD shows decreasing, yet sustained bullish momentum, while the RSI is trending around 64.25, next to the overbought zone. BCH/USD has strong resistance levels at $309 and $319.45. On the downside, we have healthy support levels at $297, $283.50 and $272.20 (SMA 20 and SMA 200). Key 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 Crypto News share Read Next Top 3 Coins Price Prediction Bitcoin, Ethereum and Ripple: XRP/USD drops below $0.30 – Confluence Detector FX Street 2 years BCH/USD drops down after encountering resistance at $309. The SMA 20 is looking to cross over the SMA 200 to chart bullish cross pattern. BCH/USD daily chart BCH/USD faced bearish correction after two straight bullish days. BCH/USD dropped from $309 to $305.20 this Friday. In the process, it fell below the upward channel formation. The SMA 20 is looking to cross over the SMA 200 to chart bullish cross pattern. The MACD shows decreasing, yet sustained bullish momentum, while the RSI is trending around 64.25, next to the overbought zone. BCH/USD has strong resistance levels at $309 and $319.45. On the… Top 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.
