Bitcoin Cash joins other cryptocurrencies in the Friday recovery phase by posting a 1% increase on the day. Technical levels align for Bitcoin Cash to launch another attack on $300 stubborn resistance. Spot rate: $295.18 Relative change: +2.49 High: $296.40 Low: $291.53 Open: $292.61 Trend: Strongly bullish BTC/USD daily chart Bitcoin Cash breakout depends on the momentum of the next leap above $300. A sustained correction above the 50 Simple Moving Average could launch BCH/USD into a trajectory above the $360 supply zone. BCH/USD 4-hour chart Bitcoin Cash bulls revive upside momentum after descending channel breakout. As the full stochastic oscillator leaves the oversold region; more buying entries are expected to push BCH towards $300. BCH/USD 1-hour chart A trendline commenced last weekend will be important later in the event a break above $300 fails and a reversal occurs. 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/GBP technical analysis: Eyes 100-day MA support after drop to six-week lows FX Street 4 years Bitcoin Cash joins other cryptocurrencies in the Friday recovery phase by posting a 1% increase on the day. Technical levels align for Bitcoin Cash to launch another attack on $300 stubborn resistance. Spot rate: $295.18 Relative change: +2.49 High: $296.40 Low: $291.53 Open: $292.61 Trend: Strongly bullish BTC/USD daily chart Bitcoin Cash breakout depends on the momentum of the next leap above $300. A sustained correction above the 50 Simple Moving Average could launch BCH/USD into a trajectory above the $360 supply zone. BCH/USD 4-hour chart Bitcoin Cash bulls revive upside momentum after descending channel breakout. As the full stochastic… 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.
