Materials by tag Bitcoin Cash

Apr 03, 2020 at 13:23
Bitcoin Cash on the Edge of a Breakout, an Upward Move Likely
Yesterday, a price spike broke the $240 resistance and retraced to a $236 low. The bulls are making frantic efforts to break above 26-day EMA.
Apr 01, 2020 at 11:51
Bitcoin Cash Turns Down From $240 Resistance, Consolidates Above $200 Support
Despite its upward move and the breaking of the resistance line, BCH turned down on March 27 and resumed consolidation between $200 and $240. Surprisingly, the upward move was repelled as a result of stiff opposition at the resistance. The breaking of the resistance line is an indication of a change in trend.
Mar 27, 2020 at 12:29
Bitcoin Cash in an Upward Move, Battles Minor Resistance at $232
Bitcoin Cash has been consistent in its upward move as it broke the resistance line of the descending channel. BCH is likely to face selling pressure at this resistance level.
Mar 20, 2020 at 13:47
Bitcoin Cash Gains Strength Pushes above $200 Resistance
Bitcoin Cash in its last downward push dropped to a low of $141 on March 12. Immediately, the bulls buy from the low to push the coin to the previous highs. More so, in the last breakdown, the BCH fell to the oversold region at $141. Interestingly, buyers have emerged to push BCH upward.
Mar 18, 2020 at 11:15
Bitcoin Cash Surges Upward as Bulls Buy at $140 Low
Bitcoin Cash is trading at $184 after the last breakdown. The breakdown was caused as a result of the bull’s failure to break above $340 resistance. The selling pressure extended to $260 and subsequently to the low of $140. The bulls and bears tussle at the low of $140 as there was buying at lower levels.
Mar 13, 2020 at 14:25
Bitcoin Cash Faces Selling Pressure as Bulls Fail to Push Price above $340 Resistance
The bulls made positive moves but could not sustain the price above the $340 resistance. This attracted aggressive selling as the price fell to the low above $260 on March 9.
Mar 11, 2020 at 11:37
Bitcoin Cash Upward Move Is Possible, If $270 Support Holds
Bitcoin Cash has a breakdown as it falls from a high of $350 to a low of $250 on March 7. The market has remained in consolidation since after the breakdown. All the positive moves to breach the breakout level of $360 were dashed. The downtrend has broken important support levels like $306 and $270.
Mar 06, 2020 at 15:12
Bitcoin Cash Battles $360 Resistance May Resume Uptrend
Bitcoin Cash is in an uptrend as the bulls attempt to breach the breakout level of $360. The bears have unceasingly defended the $360 resistance during the downtrend. Nonetheless, the downward correction is over as the bulls emerge from the oversold region of the market. During the downward correction, BCH fell to $300 low but move up to consolidates above $320.
Mar 04, 2020 at 14:40
Bitcoin Cash Is Making an Upward Move, Battles $360 Resistance
Last week, Bitcoin Cash survived further selling below $300 because the market had earlier slumped into the oversold region. By default, buyers are expected to emerge in the oversold region to push BCH upward. Positively, if the price is above $360 and the momentum is sustained, BCH will be back to its uptrend.
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