Bitcoin cash price declined from well above $550 and tested $500 against the US Dollar. The price is now trading well below the $550 level and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $520 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair is likely to start a fresh increase if there is a break above $545 and $550. Bitcoin cash price is likely preparing for a fresh increase above $550...
Read More »Bitcoin Cash Analysis: Bulls Prepare For Crucial Upside Break
Bitcoin cash price is struggling to clear the $560 resistance zone against the US Dollar. The price is now trading well above $520 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $535 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair is likely to start a strong surge if there is a break above $560 and $570. Bitcoin cash price is likely preparing for a fresh increase above $570 against the...
Read More »Bitcoin Cash Analysis: Risk of More Downsides Below $450
Bitcoin cash price is struggling to clear the $550 resistance zone against the US Dollar. The price is now trading below $500 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $525 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to move down towards the $450 and $415 support levels. Bitcoin cash price is showing bearish signs below $500 against the US Dollar, similar...
Read More »Bitcoin Cash Analysis: Retest of $400 Possible Before Fresh Increase
Bitcoin cash price rallied sharply above $700 before correcting lower against the US Dollar. The price is now trading well below $600 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $660 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to move down towards $415 and $400 before it could start a fresh increase. Bitcoin cash price is consolidating losses after a sharp...
Read More »Bitcoin Cash Analysis: Fresh Upside Break above $720 Likely
Bitcoin cash price rallied sharply above $550 and $650 against the US Dollar.The price traded as high as $774 and settled well above the 55 simple moving average (4-hours).There is a key contracting triangle forming with support near $688 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could either correct lower below $680 or it might a fresh rally above $720.Bitcoin cash price is consolidating gains after a strong rally to $774 against the US Dollar, similar to...
Read More »Bitcoin Cash Analysis: More Upsides Likely Above $550
Bitcoin cash price gained pace and was able to clear $500 against the US Dollar.The price is trading nicely above the $520 level and the 55 simple moving average (4-hours).There is a key ascending channel forming with support near $500 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is likely to clear the $550 resistance and continue higher towards $600 in the near term.Bitcoin cash price is gaining momentum above $520 against the US Dollar, similar to bitcoin....
Read More »Bitcoin Cash Analysis: Bulls Eyeing Upside Break Above $450
Bitcoin cash price is currently struggling to clear the $450 resistance against the US Dollar.The price is trading nicely above the $420 level and the 55 simple moving average (4-hours).There is a major ascending channel forming with support near $420 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is likely to clear the $450 resistance as long as it is above $400 in the near term.Bitcoin cash price is slowly moving higher towards $450 against the US Dollar, while...
Read More »Bitcoin Cash Analysis: Fresh Increase Likely Above $420
Bitcoin cash price declined after it failed to clear the $465 resistance against the US Dollar.The price even spiked below the $400 support and settled well below the 55 simple moving average (4-hours).There is a short-term rising channel forming with support near $390 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could recover above $420, but it might face a strong resistance near the $440 level.Bitcoin cash price is struggling to gain momentum above $400...
Read More »Bitcoin Cash Analysis: Strong Support Forming Near $400
Bitcoin cash price declined heavily below $500 and $450 against the US Dollar.The price is holding the key $400 support, but it is well below the 55 simple moving average (4-hours).There was a break below a major bullish trend line with support near $490 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is likely to recover sharply as long as it is above the $400 and $385 support levels.Bitcoin cash price is down over 20% from well above $500 against the US Dollar,...
Read More »Bitcoin Cash Analysis: Dips Turned Attractive Near $485
Bitcoin cash price started a fresh increase above the $450 resistance against the US Dollar.The price climbed above the $485 resistance and the 55 simple moving average (4-hours).There is a major bearish trend line forming with resistance near $520 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could either rally further above $520 or it might dip sharply below the $485 support.Bitcoin cash price is showing positive signs above $485 against the US Dollar, similar...
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