The daily BCH/USD chart shows bullish momentum despite two straight bearish days. BCH/USD will need to go up to $242 to trend above the SMA 20 curve. BCH/USD daily chart BCH/USD has gone down from $231.65 to $229.60 so far today and is in the process of charting two straight bearish days in a row. The price is trending below the 200-day, 50-day and 20-day Simple Moving Average (SMA 200, SMA 50 and SMA 20) curves. The price will need to go up to $242 to trend above the SMA 20 curve. The Moving Average Convergence/Divergence shows that market momentum is bullish despite bearish movement. BCH/USD four-hour chart The four-hour BCH/USD chart is trending below the red Ichimoku cloud. The four-hour price has found resistance at $235.50 and $231.70 and is trending above the SMA 20 and SMA 50 curves. The Elliott oscillator shows us four straight bearish sessions. BCH/USD hourly chart The hourly price has dropped below the triangle formation and the SMA 20 and SMA 50 curves. The SMA 50 is about to cross over the SMA 20 curve, which is a bearish sign. The 20-day Bollinger band has narrowed, indicating decreasing market volatility, while the Relative Strength Index (RSI) indicator has dipped below 50. 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 Trade optimism waning – ING FX Street 3 years The daily BCH/USD chart shows bullish momentum despite two straight bearish days. BCH/USD will need to go up to $242 to trend above the SMA 20 curve. BCH/USD daily chart BCH/USD has gone down from $231.65 to $229.60 so far today and is in the process of charting two straight bearish days in a row. The price is trending below the 200-day, 50-day and 20-day Simple Moving Average (SMA 200, SMA 50 and SMA 20) curves. The price will need to go up to $242 to trend above the SMA 20 curve. The Moving Average Convergence/Divergence shows that market momentum… 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.
