Bitcoin Cash Tests $528.3 as Double Top FormsBitcoin Cash faces resistance at $528.3, forming a double top and trading slightly below this level. Stochastic readings above 80.0 signal an overbought market, increasing the risk of a correction.
If BCH fails to break above $528.3, a pullback to $514.1 and $500.0 is likely, offering potential bullish re-entry zones. Alternatively, a confirmed breakout above $528.3 could pave the way toward the next supply area at $560.0.
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Bitcoin Cash Slips After Rejecting $516.0 FVGFenzoFx—Bitcoin Cash start consolidating after testing the bearish FVG at $516.0. The primary trend remains bullish above $500.4.
A test of the Bullish FVG and point of interest at $500.4 is expected. If this support holds, BCH may rebound and retest resistance at $506.0.
Bitcoin Cash Tests $500.4 Resistance After Strong ReboundFenzoFx—Bitcoin Cash rebounded from $469.1, a demand zone backed by the anchored VWAP and ascending trendline. BCH is now testing resistance at $500.4, supported by volume profile and anchored VWAP.
Bullish Scenario : While the bullish trend remains intact above $469.1, consolidation toward $480.0 is likely before aiming for $528.3.
Bearish Scenario : A close below $469.1 would invalidate the bullish scenario, exposing $437.0 as the next support.
Bitcoin Cash Rebounds from VWAP-Backed SupportBitcoin Cash eased from $528.3 to $469.8, finding support backed by the anchored VWAP and ascending trendline. BCH trades at $485.0, with Stochastic at 17.0 signaling oversold conditions.
A bullish wave may emerge if $469.8 holds, targeting $500.0 and $515.2.
Bitcoin Cash Faces Pressure Below Key Resistance ZoneFenzoFx—Bitcoin Cash rose from $437.0 support, now trading near $461.3 and testing resistance backed by volume profile and the 50-period SMA.
If BCH stays below $470.8, bearish momentum may resume, targeting $437.0 and potentially $421.2. A bullish breakout could follow a close above $470.8, aiming for $478.0.