William’s %R is trending inside the oversold zone, indicating that BCH/IUSD may experience bullish correction soon. The SMA 50 is looking to cross over SMA 20 to chart a bearish cross pattern. BCH/USD faces resistance at the SMA 50, SMA 20, $245.80, $264.25 and SMA 200. BCH/USD daily chart BCH/USD dropped from $228 to $226.57 as the price faced its fourth straight bearish day. As with the rest of the crypto market, BCH/USD had a devastating Thursday as well, where it plummeted from $239.70 to $228. The SMA 50 is looking to cross over SMA 20 to potentially chart a bearish cross pattern. William’s %R is trending inside the oversold zone, indicating that BCH/IUSD may experience bullish correction soon. The bulls need to overcome resistance at SMA 50, SMA 20, $245.80, $264.25 and SMA 200 to reverse the current bearish market sentiment completely. The bears have to aim for the $215.20 and $203.05 support levels to maintain downward momentum. 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 Tron Price Analysis: TRX/USD holds above 50 SMA as Justin Sun takes fight to Ethereum’s Vitalik Buterin FX Street 2 years William’s %R is trending inside the oversold zone, indicating that BCH/IUSD may experience bullish correction soon. The SMA 50 is looking to cross over SMA 20 to chart a bearish cross pattern. BCH/USD faces resistance at the SMA 50, SMA 20, $245.80, $264.25 and SMA 200. BCH/USD daily chart BCH/USD dropped from $228 to $226.57 as the price faced its fourth straight bearish day. As with the rest of the crypto market, BCH/USD had a devastating Thursday as well, where it plummeted from $239.70 to $228. The SMA 50 is looking to cross over SMA 20 to potentially chart a… 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.
