BCH/USD technical analysis: Bitcoin Cash consolidating solid gains below the $400.00 mark

BCH/USD daily chart

Bitcoin Cash (BCH/USD) reached the $400.00 mark while the market trades above its main simple moving averages (SMAs).

BCH/USD 4-hour chart

The market is in consolidation mode above its main SMAs. Support is seen initially at 360.00 and then near the 333.00 price level.
The level to beat for bulls is 390.00 and 410.00 swing high. The next resistance level is seen at the 440.00 level.

Additional key levels

 

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