Bitcoin Cash technical analysis: BCH/USD bullish flag subject to a potential breakout

  • Bitcoin Cash on Tuesday late in the session is trading in minor negative, nursing losses of just 0.10%.
  • BCH/USD price action breached a near-term ascending trend line, but buyers protect $400 mark. 
  • The daily chart view can see the price moving within a bullish flag structure. 


Spot rate:                 417.69

Relative change:      -0.10%

High:                        428.89

Low:                         410.61


Today last price 417.7201
Today Daily Change 0.0061
Today Daily Change % 0.00
Today daily open 417.714
Daily SMA20 431.3246
Daily SMA50 420.5694
Daily SMA100 357.0866
Daily SMA200 248.3095
Previous Daily High 420.4
Previous Daily Low 406.0993
Previous Weekly High 449.2051
Previous Weekly Low 380.4645
Previous Monthly High 516.9074
Previous Monthly Low 362.9877
Daily Fibonacci 38.2% 414.9371
Daily Fibonacci 61.8% 411.5622
Daily Pivot Point S1 409.0756
Daily Pivot Point S2 400.4371
Daily Pivot Point S3 394.7748
Daily Pivot Point R1 423.3763
Daily Pivot Point R2 429.0385
Daily Pivot Point R3 437.677


BCH/USD 60-minute chart

  • 60-minute chart view saw a breakout of a near-term ascending trend line, price caught by buyers at $400 territory.

BCH/USD daily chart

  • Price action via the daily continues to move within the confinements of a bullish flag, subject to a potential breakout. 

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