The weekly technical chart of the BCH projects a bullish momentum.BCH currently trades at $536.18 with an intraday gain of 4.46%. Resistance for the coin ongoing upside is at $600.Meanwhile, the bounce back for the coin can be seen from $500. Bitcoin cash is currently below the 50 and above 100 Moving average. The 50MA line is at $559, making it a temporary resistance for the coin.BCH daily chart shows that the price is moving inside the parallel channel. If the breaks 10% below the channel, then a strong downtrend can be seen.BCH can see a downtrend in the upcoming days.BCH/BTC pair can also see an uptrend in the forthcoming days.
Kindly Comment Your Thoughts Below
Kindly Comment Your Thoughts Below
Related publications
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.
Related publications
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.