Bitcoin Cash Technical Analysis: BCH/USD has tanked 45% over 10 days

  • Bitcoin Cash price on Friday was nursing losses of over 2% in the second half of the day.
  • BCH/USD extends below vital near-term support seen around the $400 mark.
  • All of the end October-early November bull run gains have been completely wiped, plus more. 


BCH/USD daily chart 



Spot rate:                  350.7

Relative change:      -2.00%

High:                         396.00

Low:                          260.37


Trend:                       Bearish


Support 1:                 276.6, daily pivot point support.   

Support 2:                 168.6, daily pivot point support.

Support 3:                 74.57, daily pivot point support. 

Resistance 1:            478.6, daily pivot point resistance.

Resistance 2:            572.6, daily pivot point resistance.

Resistance 3:            680.6, daily pivot point resistance.



Get the 5 most predictable currency pairs

About Author

Comments are closed.