Bitcoin Cash price nursing losses of some 0.50% in the second half of trading on Thursday. BCH/USD price action is moving within a bearish flag pattern formation, subject to potential breakout south. BCH/USD 15-minute chart Additional selling pressure as the price headed through the 38.2% Fibonacci. Moving within a rising wedge formation, additional confluence to further potential downside, if a breakout is observed. Spot rate: 129.40 Relative change: -0.50% High: 132.71 Low: 127.77 Trend: Neutral/Bearish Trends: Daily SMA20: 130.6186 Daily SMA50: 128.0663 Daily SMA100: 145.2476 Daily SMA200: 324.1113 Levels: Previous Daily High: 133.3203 Previous Daily Low: 125.1897 Previous Weekly High: 150.0785 Previous Weekly Low: 119.129 Previous Monthly High: 174.9558 Previous Monthly Low: 104.8742 Daily Fibonacci 38.2%: 128.2956 Daily Fibonacci 61.8%: 130.2144 Daily Pivot Point S1: 125.9267 Daily Pivot Point S2: 121.4929 Daily Pivot Point S3: 117.7961 Daily Pivot Point R1: 134.0573 Daily Pivot Point R2: 137.7541 Daily Pivot Point R3: 142.1879 BCH/USD 60-minute chart A breakout is anticipated out from this range-block formation observed via the 60-minute view. BCH/USD 4-hour chart Price action moving within a bearish flag formation, observed via the 4-hour chart view. 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 Mexico: We expect Banxico to cut interest rates two times this year – BBVA FX Street 4 years Bitcoin Cash price nursing losses of some 0.50% in the second half of trading on Thursday. BCH/USD price action is moving within a bearish flag pattern formation, subject to potential breakout south. BCH/USD 15-minute chart Additional selling pressure as the price headed through the 38.2% Fibonacci. Moving within a rising wedge formation, additional confluence to further potential downside, if a breakout is observed. Spot rate: 129.40 Relative change: -0.50% High: 132.71 Low: … 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.
