Ego Bitcoin (BCH) Nyocha Ahịa: BCH Rebounds, Na-emebi Nguzogide na $ 265

Azeez Mustapha

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Key isi
BCH regains the critical support at $250 high
The coin has a targeted price of $306.52

Ego Bitcoin (BCH) nke ugbu a
Ọnụ ego dị ugbu a: $ 271.38
Amụma ahịa: $ 5,034,581,664
Mpịakọta ahia: $ 3,346,777,371
Mpaghara nnweta buru ibu: $ 325,, $ 350, $ 375
Isi ebe a na-achọkarị: $ 200, $ 175, $ 150

Ego Bitcoin (BCH) Nyocha Ahịa October 22, 2020
For the past week, BCH was in a downward move as the coin was resisted at the $265 high. The bears broke the critical support zone of $250 as price dropped to a $238 low. Yesterday, the bulls buy the dips as the price was corrected upward.

BCH rebounded twice at the recent low to regain bullish momentum. Today, BCH has recovered above the $250 critical support level where the upside momentum resumes. Besides, the bulls are attempting to break the resistance at $265. On the upside, if buyers break the current resistance and the momentum is sustained, the coin will rise to $280 and 300 high.

BCH / USD - Chart kwa ụbọchị

Ego Bitcoin Nka na ụzụ na-egosi Ọgụgụ
The moving averages have a bullish crossover as the 21-day crosses above 50-day SMA. This indicates a buy signal for traders. The coin is in a bullish momentum as price is above the 60% range of the daily stochastic. The SMAs are sloping upward indicating the uptrend.

BCH / USD - Chart kwa ụbọchị

mmechi
BCH upward move is certain as price breaks the $265 resistance level. On October 15 uptrend, BCH was resisted. The retraced candle body tested the 61.8% Fibonacci retracement level. With this retracement, BCH is likely to rise to the 1.618 extension level. In other words, a high of $305.52.



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Azeez Mustapha

Azeez Mustapha bụ ọkachamara azụmaahịa, onye nyocha ego, onye na -ahụ maka akara, yana onye njikwa ego nwere ahụmịhe afọ iri n'ime ngalaba ego. Dị ka onye na -ede blọgụ na onye edemede ego, ọ na -enyere ndị na -etinye ego aka ịghọta echiche ego dị mgbagwoju anya, melite nkà itinye ego ha, na ịmụta ka esi ejikwa ego ha.

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