- Bitcoin cash price started an upside correction and moved above the $450 resistance against the US Dollar.
- There was a break above this week’s followed key bearish trend line near $445 BCH / USDペアの時間ごとにチャート上 (クラーケンからのデータフィード).
- The pair climbed above the $450 そして $460 levels and it may continue to trade higher towards $500.
Bitcoin cash price recovered nicely from the $410 low against the US Dollar. BCH/USD is likely to recover further towards the $480 そして $500 レベル.
Bitcoin Cash Price Recovery
昨日, we discussed how bitcoin cash price is struggling to break the $440 そして $450 resistances against the US Dollar. 後, the BCH/USD pair managed to gain traction and moved above the $450 抵抗. The upside move was strong as the price broke the 61.8% からの最後のスライドのFIBリトレースメントレベル $478 高 $410 低いです. The price even settled above $450 and the 100 時間ごとの単純移動平均.
さらに重要なことには, there was a break above this week’s followed key bearish trend line near $445 BCH / USDペアの時間ごとにチャート上. 高いとして取引ペア $475 and it is currently correcting lower. It already tested the 23.6% Fib retracement level of the recent wave from the $410 low to $475 high. 下がり気味で, there are many supports around the $450 レベル. The stated $450 level was a resistance earlier and now it could provide support along with the 100 hourly SMA. Below $450, インクルード 50% Fib retracement level of the recent wave from the $410 low to $475 high is at $443.
チャートを見てみます, BCH price is placed nicely above the $445-450 zone and it could continue to move higher towards $480-500.
Looking at the technical indicators:
Hourly MACD – The MACD for BCH/USD is placed in the bullish zone.
毎時RSI (相対力指数) – The RSI for BCH/USD is positioned nicely above the 60 レベル.
Major Support Level - $450
Major Resistance Level - $480