BCH/USD Daily Chart BCH/USD went down from $289 to $282.60 as markets opened this Wednesday. The market has been trending below the SMA 20 curve for the last four sessions. The market is currently trending in a downwards channel formation. The SMA 200 and SMA 50 curves are on course for a golden cross formation. The signal line is diverging away from the MACD line indicating increased bearish momentum. Bulls need to protect $282 support line. BCH/USD 4-Hour Chart The BCH/USD 4-hour price has currently found support on the green cloud of the Ichimoku indicator. The upcoming Ichimoku cloud is bearish. The Elliot Wave Oscillator shows bearish sentiment. BCH/USD Hourly Chart The last three sessions of the hourly BCH/USD chart has taken the price below the 20-day Bollinger band. The widening of the band shows increasing market volatility. The relative strength index (RSI) indicator has crept into oversold territory. 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/NZD Technical Analysis: Bears aim for 1.0570 as 4-week old support-line breaks after Aussie CPI FX Street 4 years BCH/USD Daily Chart BCH/USD went down from $289 to $282.60 as markets opened this Wednesday. The market has been trending below the SMA 20 curve for the last four sessions. The market is currently trending in a downwards channel formation. The SMA 200 and SMA 50 curves are on course for a golden cross formation. The signal line is diverging away from the MACD line indicating increased bearish momentum. Bulls need to protect $282 support line. BCH/USD 4-Hour Chart The BCH/USD 4-hour price has currently found support on the green cloud of the Ichimoku indicator. The upcoming Ichimoku cloud… 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.
