Service for copy trading. Our Algo automatically opens and closes trades.
The L2T Algo provides highly profitable signals with minimal risk.
24/7 cryptocurrency trading. While you sleep, we trade.
10 minute setup with substantial advantages. The manual is provided with the purchase.
79% Success rate. Our outcomes will excite you.
Up to 70 trades per month. There are more than 5 pairs available.
Monthly subscriptions begin at £58.
Key Highlights
BCH has rallied to $710 high
Presently, BCH has fallen to $672 low
Bitcoin Cash (BCH) Current Statistics
The current price: $676.99
Market Capitalization: $14,214,893,198
Trading Volume: $2,713,833,042
Major supply zones: $700, $720, $740
Major demand zones: $250, $230, $210
Bitcoin Cash (BCH) Price Analysis August 16, 2021
Bitcoin Cash (BCH) price is making a series of higher highs and higher lows above the 21-day SMA. BCH has rallied to the high of $710 but buyers are attempting to sustain the bullish momentum above the recent high but are unable. BCH retraced to $682 after the resistance. The retracement has subsided as bulls buy the dips. On the upside, if price breaks above the $710 resistance, the market will rally above $770. BCH has reached an overbought region of the market.
Bitcoin Cash Technical Indicators Reading
Bitcoin Cash is at level 72 of the Relative Strength Index period 14. It indicates that BCH has reached the overbought region. The crypto has limited room to rally on the upside. Presently, it is above the 35% range of the daily stochastic. The market is in a bullish momentum.
Conclusion
Bitcoin Cash is in an upward move after a minor retracement. Further upside is possible. Meanwhile, on August 16 uptrend; a retraced candle body tested the 61.8 % Fibonacci retracement level. The retracement indicates that BCH will rise to level 1.618 Fibonacci extension or level $ 680.64. From the price action.
You can purchase crypto coins here: Buy Tokens
Note: Learn2.Trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results
- Broker
- Min Deposit
- Score
- Visit Broker
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
- 20% welcome bonus of upto $10,000
- Minimum deposit $100
- Verify your account before the bonus is credited
- Over 100 different financial products
- Invest from as little as $10
- Same-day withdrawal is possible
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus
