BCH/USD has jumped back inside the upward channel formation. The RSI indicator has dipped back into the overbought zone. BCH/USD daily chart BCH/USD bulls spiked the price from $293.91 to $315.67 this Thursday. In the process, the price has jumped back inside the upward channel formation and above the $300-level. Up next, the bulls must aim for the $319.45 resistance level. Following that, the next resistance level lies at $332.15 and the upper curve of the 20-day Bollinger Band. On the downside, we have healthy support levels at $396.65, $273.48 (SMA 200), $266.45 (SMA 20) and $245.47 (SMA 50). The MACD shows decreasing bullish momentum. In fact, it looks like market momentum was on the verge of changing from bullish to bearish before the recent price action changed that from happening. The relative strength index (RSI) has dipped back inside the overbought zone. 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 AUD/USD sits near 1.5 year top above 0.7200 ahead of a busy day FX Street 2 years BCH/USD has jumped back inside the upward channel formation. The RSI indicator has dipped back into the overbought zone. BCH/USD daily chart BCH/USD bulls spiked the price from $293.91 to $315.67 this Thursday. In the process, the price has jumped back inside the upward channel formation and above the $300-level. Up next, the bulls must aim for the $319.45 resistance level. Following that, the next resistance level lies at $332.15 and the upper curve of the 20-day Bollinger Band. On the downside, we have healthy support levels at $396.65, $273.48 (SMA 200), $266.45 (SMA 20) and $245.47 (SMA 50). 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.
