BCH/USD broke below the support provided by the upward trending line. The Elliott Oscillator plummetted from 91.80 to 23.85 over the last five days. BCH/USD daily chart BCH/USD fell from $421.30 to $383 as sellers took complete control of the market this Wednesday. In the process, BCH/USD dipped below the support provided by the upward trending line. The SMA 20 curve acts as immediate market resistance. The bulls will need to protect the $380 support level to ensure that the price doesn’t dip more. The MACD indicates increasing bearish momentum, while the Elliott Oscillator plummetted from 91.80 to 23.85 over the last five days. The RSI has declined from 51.25 to 42.55 over the course of the day, which indicates bearish dominance. 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 Coronavirus update: Numbers from Hubei follow fresh guidelines, death toll at 2,029 FX Street 2 years BCH/USD broke below the support provided by the upward trending line. The Elliott Oscillator plummetted from 91.80 to 23.85 over the last five days. BCH/USD daily chart BCH/USD fell from $421.30 to $383 as sellers took complete control of the market this Wednesday. In the process, BCH/USD dipped below the support provided by the upward trending line. The SMA 20 curve acts as immediate market resistance. The bulls will need to protect the $380 support level to ensure that the price doesn’t dip more. The MACD indicates increasing bearish momentum, while the Elliott Oscillator plummetted from 91.80 to 23.85 over… 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.
