Bitcoin Cash has rejected downside moves yet again Key trendline apex needs testing soon 360 is still the level to breach for upside momentum Bitcoin Cash has been rejecting downside moves for a couple of days now on the daily chart. 300 is now the support levels to beat for the bears as volume seems to kick in to support price at the psychological level. Marked in green is the next support level on the way down that would really threaten the bullish chart structure. While on the upside a break of the red consolidation high would indicate a move to test the highs on the chart of around 500. Today price hangs around the 50% Fibonacci level after the 61.8% as rejected in dramatic fashion on August 15th. Moving forward the price is now looking to move to the apex of the two converging trendlines and we should get an answer to the future path of price action. 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 USD/CAD clings to gains above 1.33 as oil drops sharply on escalating trade tensions FX Street 4 years Bitcoin Cash has rejected downside moves yet again Key trendline apex needs testing soon 360 is still the level to breach for upside momentum Bitcoin Cash has been rejecting downside moves for a couple of days now on the daily chart. 300 is now the support levels to beat for the bears as volume seems to kick in to support price at the psychological level. Marked in green is the next support level on the way down that would really threaten the bullish chart structure. While on the upside a break of the red consolidation high would indicate a… 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.
