I-Bitcoin Cash (BCH) Uhlalutyo lwexabiso: I-BCH ijongene nokwaliwa kwi-280 yeedola, ukuVavanywa kwakhona kwi-Overhead Resistance.

UAzeez Mustapha

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EziPhambili
BCH is in a downward move, may reach the low $265
The uptrend is likely to resume

I-Bitcoin Cash (BCH) yezibalo zangoku
Ixabiso langoku: $ 261.90
Intengo yeNtengiso: $ 4,859,529,239
Umthamo wokuThengisa: $ 2,424,325,376
Iindawo ezinkulu zokubonelela: $ 325,, $ 350, $ 375
Iindawo ezifuna kakhulu: $ 200, $ 175, $ 150

Utshintsho lwexabiso le-Bitcoin Cash (BCH) ngo-Agasti 26, 2020
For the past 24 hours, BCH has been on a downward move after failing to break the $280 overhead resistance. A break above the overhead resistance would have catapulted the coin to rally to $300 or $320 high. Presently, the crypto is falling after the rejection from the recent high. If price retraces and finds support above $250, the upside momentum will resume. However, if the bears break below $250 support the coin will resume a downward move. The coin is trading at $262 at the time of writing.

BCH/USD – Daily Chary

Ukutsalwa kwezalathi zeBitcoin Cash Technical
The crypto is below the 80% range of the daily stochastic. It indicates that the coin is in a bearish momentum. Sellers are emerging to push prices down. The coin was earlier in the overbought region of the market.

I-BCH / USD-4 Itshathi yeYure

isiphelo
Bitcoin Cash is on a downward move after the coin was resisted at the $280 overhead resistance. On the current downward move, a retraced candle body on October 25, tested the 78.6% Fibonacci retracement level. This retracement indicated that the selling pressure will be exhausted at level 1.272 Fibonacci extension or the low of $265.81. Later the market will reverse.


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UAzeez Mustapha

U-Azeez Mustapha yingcali kwezorhwebo, umhlalutyi wemali, umhleli weempawu, kunye nomphathi wezezimali ngaphezulu kweminyaka elishumi yamava kwicandelo lezemali. Njengombhali webhlog kunye nombhali wezemali, unceda abatyali mali baqonde iikhonsepthi ezintsonkothileyo zemali, ukuphucula izakhono zabo zotyalo-mali, kunye nokufunda ukulawula imali yabo.

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