Bitcoin Cash looks to higher levels Market still making higher highs and higher lows 312 is the next resistance on the upside Bitcoin cash is still holding its uptrend as 300 has been supported once again in the last over the last 48 hours. Interestingly the Stochastic indicator has swung to lows which the price wave made a higher low. This is called a failure swing also known as a hidden divergence. Traditionally a bullish signal. On the longer-term timeframes (daily) 350 is the key level and if it breaks BCH/USD frees up a move back to the 500’s. On the 4 hour timeframe, 320 looks like the level to take out for the bulls but a lower wave high has been created. If 300 breaks on the downside then it could indicate a further capitulation of price. On the 30-minute chart above there is a triangle formation and a break in either direction could also be a clue to future direction. 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 EUR/USD technical analysis: Fiber rolling into the Asian session above the 1.1098 level FX Street 4 years Bitcoin Cash looks to higher levels Market still making higher highs and higher lows 312 is the next resistance on the upside Bitcoin cash is still holding its uptrend as 300 has been supported once again in the last over the last 48 hours. Interestingly the Stochastic indicator has swung to lows which the price wave made a higher low. This is called a failure swing also known as a hidden divergence. Traditionally a bullish signal. On the longer-term timeframes (daily) 350 is the key level and if it breaks BCH/USD frees up a move back to the… 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.
