Archive | Bitcoin Cash Chart

Bitcoin Cash Price Technical Analysis – BCH/USD Approaching Support

Key Points Bitcoin cash price after making a short-term top around $550 started a correction against the US Dollar. One of the two bullish trend lines with support near $495 and $470 on the hourly chart of BCH/USD (data feed from Kraken) was broken. The price is now approaching the second bullish trend line with […]

Bitcoin Cash Price Technical Analysis – BCH/USD Spikes Above $500

Key Points Bitcoin cash price surged higher and managed to break the $500 resistance against the US Dollar. There are two bullish trend lines formed with support near $490 and $470 on the hourly chart of BCH/USD (data feed from Kraken). The price might correct a few points from the current levels, but remains supported […]

Bitcoin Cash Price Technical Analysis – BCH/USD Eyes Further Gains

Key Points Bitcoin cash price managed to break the $450 resistance against the US Dollar to gain momentum. There are was a break above a bearish trend line with resistance at $450 on the hourly chart of BCH/USD (data feed from Kraken). The price is now supported on the downside near $440 for further gains. […]

Bitcoin Cash Price Technical Analysis – BCH/USD Testing Resistance

Key Points Bitcoin cash price has recovered from the $302 low against the US Dollar and currently testing an important resistance. There are two crucial bearish trend lines forming with resistance at $450 and $480 on the hourly chart of BCH/USD (data feed from Kraken). The price might struggle to move above the $480 resistance […]

Bitcoin Cash Price Weekly Analysis – BCH/USD Remains Bearish

Key Points Bitcoin cash price started a major downside move from the $720 swing high against the US Dollar. There is a descending triangle pattern forming with resistance at $500 on the 4-hours chart of BCH/USD (data feed from Kraken). The pair is likely to continue moving lower as long as there is no close […]

Bitcoin Cash Price Technical Analysis – Can BCH/USD Hold $400?

Key Points Bitcoin cash price faced an increased selling pressure and broke the $450 support against the US Dollar. There was a break below this week’s highlighted descending channel pattern with support at $430 on the hourly chart of BCH/USD (data feed from Kraken). The price is currently trading just around $400 and struggling to […]

Bitcoin Cash Price Technical Analysis – BCH/USD Still In Downtrend

Key Points Bitcoin cash price declined further and moved below the $500 support against the US Dollar. This week’s highlighted descending channel pattern with current resistance at $570 on the hourly chart of BCH/USD (data feed from Kraken) is still active. The price might correct a few points higher, but most likely to face sellers […]

Bitcoin Cash Price Technical Analysis – BCH/USD Heading Lower

Key Points Bitcoin cash price is struggling to hold $540 against the US Dollar, and might test $500 once again. There is a descending channel pattern with current resistance at $580 forming on the hourly chart of BCH/USD (data feed from Kraken). The price is likely to continue moving down and could even test the […]

Bitcoin Cash Price Technical Analysis – BCH/USD Failed Upside Attempt

Key Points Bitcoin cash price bounced from the $550 low against the US Dollar, but failed to break $620. There is a crucial bearish trend line with resistance at $610 forming on the hourly chart of BCH/USD (data feed from Kraken). The price is once again testing the $550 support and remains at a risk […]

Bitcoin Cash Price Technical Analysis – Can BCH/USD Recover?

Key Points Bitcoin cash price traded lower and tested the $550 support area against the US Dollar. There is a major bullish trend line with support at $570 forming on the hourly chart of BCH/USD (data feed from Kraken). The price might continue to correct higher and most likely to test the $615 resistance zone. […]

Bitcoin Cash Price Weekly Analysis – BCH/USD Struggle Continues

Key Points Bitcoin cash price after bouncing from $500 failed near $725 against the US Dollar. There was a break above a key descending channel at $590 on the 4-hours chart of BCH/USD (data feed from Kraken). The pair is once again heading lower and might trade towards $550 in the near term. Bitcoin cash […]

Bitcoin Cash Price Technical Analysis – BCH/USD Settles Above $650

Key Points Bitcoin cash price climbed further higher and settled above the $650 level against the US Dollar. There is a new bullish trend line with support at $665 forming on the hourly chart of BCH/USD (data feed from Kraken). The price might continue to move higher and could even trade towards the $750 level […]

Bitcoin Cash Price Technical Analysis – BCH/USD Buy Dips

Key Points Bitcoin cash price finally made a nice upside move above the $600 level against the US Dollar. Yesterday’s highlighted a bearish trend line with resistance at $575 on the hourly chart of BCH/USD (data feed from Kraken) was cleared. The price traded as high as $672 before facing offers and then starting a […]

Bitcoin Cash Price Technical Analysis – BCH/USD To Retest $580?

Key Points Bitcoin cash price after trading as low as $501 against the US Dollar found buyers and recovered. There is a bearish trend line waiting on the upside at $580 to act as a resistance on the hourly chart of BCH/USD (data feed from Kraken). On the downside, the $520 level is a good […]

Bitcoin Cash Price Technical Analysis – BCH/USD To Break $500?

Key Points Bitcoin cash price declined sharply and broke a major support near $560 against the US Dollar. Yesterday’s highlighted a contracting triangle pattern with support at $580 on the hourly chart of BCH/USD (data feed from Kraken) was broken. The pair is now looking to settle below the $500 level, which would be a […]