Archive | daytrading

Bitcoin Cash Price Technical Analysis – BCH/USD Approaching Short-term Break

Key Points Bitcoin cash price is consolidating above the $320 support area against the US Dollar. There is a short-term contracting triangle forming with resistance near $335 on the hourly chart of BCH/USD (data feed from Kraken). The price might dip o…

Bitcoin Cash Price Technical Analysis – BCH/USD Back To Square One

Key Points Bitcoin cash price declined sharply from $390 and traded towards $300 against the US Dollar. A major bullish trend line with support at $310 prevented declines on the hourly chart of BCH/USD (data feed from Kraken). The price is now back in …

Bitcoin Cash Price Technical Analysis – BCH/USD Burst Above $350

Key Points Bitcoin cash price surged higher and broke an important resistance at $350 against the US Dollar. This week’s highlighted contracting triangle pattern with resistance at $320 was broken on the hourly chart of BCH/USD (data feed from Kraken)….

Bitcoin Cash Price Technical Analysis – BCH/USD Neutral Above $300

Key Points Bitcoin cash price is holding the $300 support against the US Dollar and is trading in a range. Yesterday’s highlighted contracting triangle pattern with current resistance at $323 holds the key on the hourly chart of BCH/USD (data feed from…

Bitcoin Cash Price Technical Analysis – BCH/USD To Consolidate Short-term

Key Points Bitcoin cash price is finding bids above the $300 support area against the US Dollar. There is a contracting triangle pattern forming with resistance at $324 on the hourly chart of BCH/USD (data feed from Kraken). The price is likely to move…

Bitcoin Cash Price Weekly Analysis – Can BCH/USD Gain Momentum?

Key Points Bitcoin cash price struggled a lot and moved towards $300 against the US Dollar. Recently, there was a break above two bearish trend lines with resistance at $310 on the 4-hours chart of BCH/USD (data feed from Kraken). The pair now has to g…

Bitcoin Price Weekly Analysis – BTC/USD in Monstrous Trend

Key Points Bitcoin price is in a major uptrend and recently broke the $5600 resistance against the US Dollar. There are two major bullish trend lines forming with support at $5280 and $5000 on the 4-hours chart of BTC/USD (data feed from SimpleFX). The…

Bitcoin Cash Price Technical Analysis – Can BCH/USD Hold $300?

Key Points Bitcoin cash price is struggling to move higher and remains below the $340 resistance against the US Dollar. This week’s highlighted major bearish trend line with current resistance at $325 is a crucial hurdle on the hourly chart of BCH/USD …

Bitcoin Cash Price Technical Analysis – BCH/USD Remains At Risk

Key Points Bitcoin cash price is trading in a range below the $320 level against the US Dollar. There is a short term contracting triangle forming with resistance at $315 on the hourly chart of BCH/USD (data feed from Kraken). The price remains at a ri…

Bitcoin Cash Price Technical Analysis – BCH/USD’s Perfect Failure

Key Points Bitcoin cash price failed to break an important resistance near $350 against the US Dollar. This week’s highlighted key bearish trend line with current resistance at $335 played well on the hourly chart of BCH/USD (data feed from Kraken). Th…

Bitcoin Cash Price Technical Analysis – BCH/USD Reversing Losses

Key Points Bitcoin cash price declined further and traded below the $300 level against the US Dollar. Yesterday’s highlighted key bearish trend line with current resistance is intact near $340 on the hourly chart of BCH/USD (data feed from Kraken). The…

Bitcoin Cash Price Technical Analysis – BCH/USD To Test $300?

Key Points Bitcoin cash price was under a lot of pressure and recently broke the $360 support against the US Dollar. There is a key bearish trend line forming with resistance near $350 on the hourly chart of BCH/USD (data feed from Kraken) are intact. …

Bitcoin Cash Price Weekly Analysis – BCH/USD Forming Bottom?

Key Points Bitcoin cash price declined heavily this past week and broke the $400 support against the US Dollar. Recently, there was a break above a bearish trend line with resistance at $350 on the 4-hours chart of BCH/USD (data feed from Kraken). The …

Bitcoin Price Weekly Analysis – BTC/USD To Surpass $4600

Key Points Bitcoin price is back in the bullish zone and might soon break the $4600 level against the US Dollar. There is a crucial contracting triangle pattern forming with support at $4320 on the 4-hours chart of BTC/USD (data feed from SimpleFX). Th…

Bitcoin Cash Price Technical Analysis – BCH/USD Remains Bearish

Key Points Bitcoin cash price formed a low at $343.6 and started correcting higher against the US Dollar. There is a major bearish trend line forming with resistance near $365 on the hourly chart of BCH/USD (data feed from Kraken) are intact. The price…