- BCH/USD has managed to stay in charge for the second straight day.
- There was a brief retreat from the $225-zone, but the buyers have since restored order.
- The MACD, however, shows sustained bearish momentum.
BCH/USD daily chart
BCH/USD bulls stayed in control for the second straight day as the price went up from $222.47 to $225.55. During the day, the price retreated slightly from the $225 level but has since peeked back into the zone. Despite the bullish price action of the last two days, the MACD shows that the market momentum is currently bearish.
Support and Resistance
BCH/USD has three strong resistance levels at $229.82, $234.85 (SMA 20) and $239.90. On the downside, there is healthy support at $216.75
|Today last price||224.9374|
|Today Daily Change||2.4832|
|Today Daily Change %||1.12|
|Today daily open||222.4542|
|Previous Daily High||225.3721|
|Previous Daily Low||213.3598|
|Previous Weekly High||245.5386|
|Previous Weekly Low||226.1723|
|Previous Monthly High||277.2914|
|Previous Monthly Low||217.6786|
|Daily Fibonacci 38.2%||220.7834|
|Daily Fibonacci 61.8%||217.9485|
|Daily Pivot Point S1||215.4186|
|Daily Pivot Point S2||208.383|
|Daily Pivot Point S3||203.4063|
|Daily Pivot Point R1||227.431|
|Daily Pivot Point R2||232.4077|
|Daily Pivot Point R3||239.4433|
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