- Bitcoin Cash trades 0.21% lower in a lacklustre session.
- There is a consolidation pattern forming as traders wait for a catalyst for a move.
Bitcoin Cash Hourly Chart
Bitcoin Cash is still bearish on the daily chart but on the hourly chart below the price has formed a consolidation pattern.
Now the market is stuck between 203.52 and 209.02.
The waves at the top of the pattern are descending but we are likely to see a break soon.
Volume has just improved to the upside and a push past 207.50 would break the pattern.
On the downside, there is also a psychological support at 200.00.
Bitcoin Cash Additional Levels
|Today last price||206.5394|
|Today Daily Change||-0.1459|
|Today Daily Change %||-0.07|
|Today daily open||206.6853|
|Previous Daily High||208.1512|
|Previous Daily Low||204.0233|
|Previous Weekly High||220.5853|
|Previous Weekly Low||202.9433|
|Previous Monthly High||308.1348|
|Previous Monthly Low||192.2474|
|Daily Fibonacci 38.2%||206.5743|
|Daily Fibonacci 61.8%||205.6001|
|Daily Pivot Point S1||204.422|
|Daily Pivot Point S2||202.1587|
|Daily Pivot Point S3||200.2941|
|Daily Pivot Point R1||208.5499|
|Daily Pivot Point R2||210.4144|
|Daily Pivot Point R3||212.6777|
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