Connect with us

Hi, what are you looking for?

ELEVENEWS

Bitcoin Cash

Bitcoin Cash Technical Analysis: BCH/USD bull wave as price gains around 40% in four days

  • Bitcoin Cash Monday is trading with gains of some 3% in the second half of the day, the bulls continue to storm north.
  • BCH/USD broke out from a daily bullish flag structure, inviting a strong wave of buying. 
  • The bulls have rallied a chunky 40% over the last four sessions, after the strong price breakout from a flag formation. 

 

Spot rate:                 366.58

Relative change:      +2.77%

High:                         371.31

Low:                          348.09

BCH/USD

OVERVIEW
Today last price 366.4266
Today Daily Change 10.6735
Today Daily Change % 3.00
Today daily open 355.7531
TRENDS
Daily SMA20 281.1963
Daily SMA50 266.6355
Daily SMA100 199.8517
Daily SMA200 218.895
LEVELS
Previous Daily High 381.4203
Previous Daily Low 330
Previous Weekly High 298.7595
Previous Weekly Low 269.7372
Previous Monthly High 352.3611
Previous Monthly Low 166.4624
Daily Fibonacci 38.2% 361.7777
Daily Fibonacci 61.8% 349.6425
Daily Pivot Point S1 330.0287
Daily Pivot Point S2 304.3042
Daily Pivot Point S3 278.6084
Daily Pivot Point R1 381.4489
Daily Pivot Point R2 407.1447
Daily Pivot Point R3 432.8692

 

BCH/USD 60-minute chart

  • Price action via the 60-minute has broken out from a bullish pennant pattern structure, inviting further buying pressure. 

 

source:.fxstreet.

 

Advertisement

Copyright © 2020 Elevenews