BCH/USD is currently consolidating in a flag formation. The price of BCH/USD fell from $228.20 to $222.45 this Tuesday. BCH/USD daily chart The price of BCH/USD has recovered to $224, following a bearish Tuesday, wherein the price of the asset fell from $228.20 to $222.45. The price is consolidating in a flag formation. The price has met immediate resistance at the 20-day Simple Moving Average (SMA 20) curve. The Relative Strength Index (RSI) indicator is trending around 40.60. BCH/USD four-hour chart The four-hour price chart is currently floating inside the red Ichimoku cloud. BCH/USD found support on the $221.50 line and then went up. Immediate market resistance to overcome lies at $225. The Elliott Oscillator has had a bullish session following two straight bearish sessions. BCH/USD hourly chart The hourly BCH/USD chart is sandwiched between the SMA 50 (on the upside) and SMA 20 (on the downside). The Moving Average Convergence/Divergence (MACD) indicator shows four straight bullish sessions of increasing intensity. 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 CipherTrace report: 87% of cryptocurrency trading is now traceable FX Street 4 years BCH/USD is currently consolidating in a flag formation. The price of BCH/USD fell from $228.20 to $222.45 this Tuesday. BCH/USD daily chart The price of BCH/USD has recovered to $224, following a bearish Tuesday, wherein the price of the asset fell from $228.20 to $222.45. The price is consolidating in a flag formation. The price has met immediate resistance at the 20-day Simple Moving Average (SMA 20) curve. The Relative Strength Index (RSI) indicator is trending around 40.60. BCH/USD four-hour chart The four-hour price chart is currently floating inside the red Ichimoku cloud. BCH/USD found support on the $221.50 line… 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.
