Ukuhlaziywa Kwamanani weBitcoin Cash (BCH): Ukusekelwa Okubalulekile kwe-BCH ku- $ 200 Kubamba njengamaBulls namaBhele Qhubeka Nemikhakha Yamanani

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Amaphuzu avelele
BCH is range bound between $200 and $240
BCH may drop to $170 if the $200 support cracks

Izibalo ze-Bitcoin Cash (BCH) Zamanje
Intengo yamanje: $ 228.42
Ukutshalwa Kwezimakethe: $ 4,228,779,458
Ivolumu yokuhweba: $ 2,172,838,456
Izindawo ezinkulu zokuhlinzeka: $ 325,, $ 350, $ 375
Izindawo ezifunwa kakhulu: $ 200, $ 175, $ 150

Ukuhlaziywa Kwamanani weBitcoin Cash (BCH) Septhemba 10, 2020
Today, BCH is trading at $228 at the time of writing. On September 1, Buyers were attempting to push BCH to the $300 high before they were repelled. On September 3, the coin plunged to $203 low and resumed consolidation above the current support.

At the time of writing, BCH is still fluctuating between $200 and $240. Since March, the current support has not been broken. On the downside, if the bears break the current support, the market will fall to $170 low. On the upside, the bulls must push BCH price above $260, for the resumption of the upside momentum. As of now, price is range bound between $200 and $240.

Izinkomba zeBitcoin Cash technical Reading
BCH is above 20% range of the daily stochastic. It indicates that the coin is in a bullish momentum. However, the stochastic bands are horizontally flat. BCH is likely to fall as price is below the EMAs.

Isiphetho
For the past week, price has been consolidating above the $200 support. According to the Fibonacci tool, a retraced candle body tested the 78.6% Fibonacci retracement. It indicates that BCH will fall to the 1.272 Fibonacci extension level once $200 support cracks. Thereafter, the market will reverse.



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