- BCH/USD bounces up after finding support at the SMA 20 curve.
- The MACD shows that market momentum has reversed from bearish to bullish.
BCH/USD daily chart
Following a bearish Tuesday, BCH/USD bulls took back control as the price went up slightly from $246.90 to $247.50. The price bounced back after finding support at the SMA 20 curve. The MACD shows that market momentum has reversed from bearish to bullish. The Elliott Oscillator is back in the green following a red session.
The price has strong resistance levels on the upside at $258.40, $267.55 and SMA 200. On the downside, apart from the SMA 20, there are healthy support levels at SMA 50, $233.50 and $217.
|Today last price||246.5893|
|Today Daily Change||-0.3039|
|Today Daily Change %||-0.12|
|Today daily open||246.8932|
|Previous Daily High||250.6751|
|Previous Daily Low||242.4489|
|Previous Weekly High||265.4907|
|Previous Weekly Low||217.6786|
|Previous Monthly High||280.3806|
|Previous Monthly Low||206.3545|
|Daily Fibonacci 38.2%||245.5913|
|Daily Fibonacci 61.8%||247.5327|
|Daily Pivot Point S1||242.6697|
|Daily Pivot Point S2||238.4462|
|Daily Pivot Point S3||234.4435|
|Daily Pivot Point R1||250.8959|
|Daily Pivot Point R2||254.8986|
|Daily Pivot Point R3||259.1221|
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