Bitcoin Cash price languish below the month-long trendline resistance. The short-term support highlighted at $440; $400 is another vital support zone. Digital assets are suffering in bloody red waters. The bulls have not been able to breakout of the resistance range, especially for Bitcoin Cash. The trendline resistance has been trimming and limiting gains since the beginning of October. Fortunately, the buyers have established a strong support at $440 which is working as a strong refuge. At the time of press, Bitcoin Cash is flirting with both the 50 SMA and the 100SMA. The RSI has retreated from the overbought levels while the MACD is still maintaining the stability close to the mean line (0.0). It is likely that losses will continue below the above mentioned support. However, if Bitcoin Cash bulls regain control and push for a pullback above the trendline, BCH/USD will form a trajectory heading to $460. For a sustained bullish move the buyers must clear the resistance at the upper range limit highlighted by $470. For now, selling entries continue to increase amid the widespread consolidation in the market. Apart from the support at $440, Bitcoin Cash will find another support at $400. BCH/USD 15′ 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 EUR/USD Technical Analysis: Outlook remains bearish. There is still scope for a visit to 1.1299 FX Street 4 years Bitcoin Cash price languish below the month-long trendline resistance. The short-term support highlighted at $440; $400 is another vital support zone. Digital assets are suffering in bloody red waters. The bulls have not been able to breakout of the resistance range, especially for Bitcoin Cash. The trendline resistance has been trimming and limiting gains since the beginning of October. Fortunately, the buyers have established a strong support at $440 which is working as a strong refuge. At the time of press, Bitcoin Cash is flirting with both the 50 SMA and the 100SMA. The RSI has retreated from the overbought… 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.
