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Highlights Key
BCH recovers and holds above $250 support
Buyers attempt to reclaim the $280 support to resume upside range momentum
Bitcoin Cash (BCH) Statistik Saiki
Rega saiki: $ 275.78
Kapitalisasi Pasar: $ 5,139,770,144
Volume Dagang: $ 1,573,929,595
Zona pasokan utama: $ 325,, $ 350, $ 375
Zona panjaluk utama: $ 200, $ 175, $ 150
Analisis rega Bitcoin Cash (BCH) 14 Desember 2020
Bitcoin Cash has recovered from its downward move as the $250 support holds. The bears were earlier aggressive while attempting to break the previous range bound of $280 and $300. BCH has recovered and risen to $277 high. BCH will have a chance of rallying above $300 if buyers can push BCH above $280. The coin will also retest the $320 resistance level, However, if buyers fail to push into the previous high, the coin will be range-bound below the resistance.
Indikator Teknis Bitcoin Cash
Bitcoin Cash is at level 45 of the Relative Strength index period 14. It indicates that the coin is in the downtrend zone. The price has broken above the 50- SMA and approaching the 21-day SMA. A break above the SMAs will facilitate the upward move.
kesimpulan
Bitcoin Cash has recovered above the $250 support. However, if the $250 support cracks, the Fibonacci tool analysis will hold. On December 1 downtrend; a retraced candle body tested the 61.8% Fibonacci retracement level. The retracement indicates that BCH is likely to fall and reach the level of 1.618 Fibonacci extensions. That is a low of $240.52.
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