Our yesterday Bitcoin Cash forecast justified itself, and the price dropped below the 0.030 BTC level.
On the daily chart, BCH has updated the bottom against, as the support at 0.030 BTC was broken. Regarding the nearest price analysis, Bitcoin Cash is likely to bounce back to the resistance at 0.035 BTC until mid-August. Such analysis is supported by the MACD indicator which is about to change the trend from bearish to bullish.
On the daily chart, BCH has updated the bottom against, as the support at 0.030 BTC was broken. Regarding the nearest price analysis, Bitcoin Cash is likely to bounce back to the resistance at 0.035 BTC until mid-August. Such analysis is supported by the MACD indicator which is about to change the trend from bearish to bullish.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.