Bitcoin cash price is recovering from the $400 support zone against the US Dollar. The price is still well below $550 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $500 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could start a major increase if it clears the $500 resistance and then the 55 SMA. Bitcoin cash price is slowly moving higher above $450 against the US Dollar,...
Read More »Bitcoin Cash Analysis: Facing Key Breakout Resistance At $620
Bitcoin cash price is struggling to recover above $600 and $620 against the US Dollar. The price is now trading below $600 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $620 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could extend its decline unless there is a clear break above $600 and $620. Bitcoin cash price is struggling to recover above $620 against the US Dollar, similar...
Read More »Bitcoin Cash Analysis: Remains At Risk Unless It Clears $650
Bitcoin cash price is struggling to gain momentum above $650 and $700 against the US Dollar. The price is now trading well below $650 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $650 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could extend its decline unless there is a clear break above $650 and $665. Bitcoin cash price is struggling to recover above $650 against the US...
Read More »Bitcoin Cash Analysis: Risk of More Downsides Below $650
Bitcoin cash price is facing a strong resistance near the $720 level against the US Dollar. The price is now trading just below $700 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $730 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could extend its decline below $650 if it remains below the $750 resistance zone. Bitcoin cash price is struggling to recover above $700 against the US...
Read More »Bitcoin Cash Analysis: Bulls Aim Fresh Increase above $850
Bitcoin cash price declined heavily and it even tested the $470 level against the US Dollar. The price is now trading just above $700 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $750 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair is consolidating and it might attempt an upside break above $800 and $850. Bitcoin cash price is recovering losses from $500 against the US...
Read More »Bitcoin Cash Analysis: Bulls Pump BCH Above $1,500, Dips Supported
Bitcoin cash price started a fresh surged above the $1,000 barrier against the US Dollar. The price is now trading well above the $1.200 support level and the 55 simple moving average (4-hours). There is a key rising channel forming with support near $1,360 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could correct lower, but dips are likely to remain well bid near the $1,200 level. Bitcoin cash price rallied over 30% and it broke the...
Read More »Bitcoin Cash Analysis: Bulls Could Gain Strength Above $900
Bitcoin cash price remained supported near $720 and started a fresh increase against the US Dollar. The price is now trading above the $850 support level and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $850 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair is likely to accelerate higher above the $900 and $920 resistance levels in the near term. Bitcoin cash price is showing...
Read More »Bitcoin Cash Analysis: Key Downside Break Below $850
Bitcoin cash price failed to stay above $1,000 and declined heavily against the US Dollar. The price is now trading well below the $850 support level and the 55 simple moving average (4-hours). There was a break below a major contracting triangle with support near $910 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair is likely to continue lower towards the $650 and $600 support levels in the near term. Bitcoin cash price is gaining pace below...
Read More »Bitcoin Cash Analysis: Fresh Rally To $600 Seems Likely
Bitcoin cash price started a fresh increase from the $500 support zone against the US Dollar. The price is now trading well above the $520 level and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $500 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair is showing a lot of positive signs and it is likely to accelerate higher towards $600. Bitcoin cash price is gaining pace above $525...
Read More »Bitcoin Cash Analysis: Upsides Likely To Be Capped Near $500
Bitcoin cash price failed to stay above $510 and $500 against the US Dollar. The price is now trading well below the $500 level and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $505 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could correct higher, but upsides are likely to be capped near $500 and $510. Bitcoin cash price is consolidating losses above $445 against the US Dollar,...
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