Bitcoin Nyiaj Nyiaj Ntsuas Tus Nqi: BCH poob rau $ 245 Tsawg tab sis rov qab los dua $ 280 Kev Txhawb Nqa

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Ntsiab Highlights

  • BCH is likely to find support above $280 price level
  • The coin will resume uptrend and has a possible target of $380 high

    Cov Nyiaj Txiag Bitcoin (BCH) Cov Ntaub Ntawv Tam Sim No
    Tus nqi tam sim no: $ 287.78
    Kev Lag Luam Kev Lag Luam: $ 5,318,005,084
    Cov Lag Luam Loj: $ 3,170,460,413
    Cov chaw xa khoom loj: $ 325,, $ 350, $ 375
    Cov aav loj uas xav tau: $ 200, $ 175, $ 150

    Kev Ntsuas Nyiaj Bitcoin (BCH) Kev Tshawb Fawb Lub Yim Hli 3, 2020
    Yesterday, BCH pushed to the high of $340 but buyers failed to sustain the uptrend. There was a bearish reaction at the recent high as the coin encounter a sudden breakdown. The coin plunged to $245 low. Price corrected upward and retested the $300 high to resume the downtrend. In the meantime, the selling pressure has subsided as price consolidates above $280.

    BCH has another chance of an upward move because price fell and found support above the EMAs. The coin is fluctuating above the previous overpriced level but it is now a support. BCH will resume uptrend if the current support holds. The market is rising and approaching the minor resistance at $300. If the momentum continues, a break above $300 will push price to rally above $340.
BCH / USD - Daim Ntawv Qhia Txhua Hnub

Bitcoin Nyiaj Ntsuas Kev Ntsuas Kev Nyeem
The recent breakdown pushes BCH below the 80% range of the daily stochastic. It indicates that the market is in a bearish momentum. However, the price action is indicating a bullish signal. The crypto will commence upward move as price is above the EMAs.

BCH / USD - 4 Teev Sijhawm

xaus
Bitcoin Cash is likely to resume an upward move if the current support holds. A correction candle body tested the 0.618 Fibonacci retracement level. It indicates that BCH will reach the high of level 1.618 Fibonacci extension level. That is the crypto is expected to reach a high of $380.



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