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Hevitra misongadina «
BCH will rally to $700 if the $600 overhead resistance is breached
The altcoin will be compelled to a range-bound move if the overhead resistance remains unbroken
Bitcoin Cash (BCH) Statistika ankehitriny
Ny vidiny ankehitriny: $ 568.79
Kapitalisma: $ 11,954,875,787
Volan'ny varotra: $ 2,811,204,793
Faritra famatsiana lehibe: $ 700, $ 720, $ 740
Faritra fangatahana lehibe: $ 250, 230 $, 210 $
Bitcoin Cash (BCH) Fanadihadiana momba ny vidiny 5 aprily 2021
For the past week, the bulls have broken the $550 resistance as price reached the previous highs. Before now Bitcoin Cash has been range-bound between $510 and $550. In the first breakout, the uptrend was stopped at the $600 resistance. BCH was repelled as the coin plunged back to the range-bound zone. Yesterday, the bulls bought the dips as the altcoin resumed a fresh uptrend. Today, BCH is rising but it is facing resistance at $580 high. On the upside, if the bulls break the $600 high a rally to $700 is likely. However, if the bulls fail to break the $600 resistance, BCH will continue to be range-bound between $510 and $600.
Famakiana tondro teknika Bitcoin Cash
The crypto’s price is still above the SMAs which indicates a possible rise of the coin. BCH is below the 80% range of the daily stochastic. It indicates that the coin is in a bearish momentum. This is contrary to the price action. However, it is at level 57 of the Relative Strength Index period 14. It indicates that the crypto is in the uptrend zone and above centerline 50.
Famaranana
As bulls break the $550 resistance, the market is expected to rise. On April 2 uptrend, BCH reached the $597.86 and was resisted. 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 the high of $691.38.
Azonao atao ny mividy vola crypto eto: Mividiana vola
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