BCH/USD daily chart

  • BCH/USD went down from $406.30 to $402.50 in the early hours of Friday.
  • Critical support line lies at $400, which the bulls must defend at all costs.
  • The market remains above the 2000-day simple moving average (SMA 200), SMA 50 and SMA 20 curves.
  • The relative strength index (RSI) indicator is trending at 65.60.

BCH/USD 4-hour chart

  • The five latest sessions in the 4-hour price chart have taken the price from below the 20-day Bollinger band to the middle.
  • The 4-hour market finds resistance at the SMA 20 curve. 
  • The market is trending above the SMA 50 and SMA 200 curves.
  • The moving average convergence divergence (MACD) indicator shows decreasing bearish momentum as the signal line converges with the MACD line.

BCH/USD hourly chart

  • The hourly market found resistance $407.75
  • The Ichimoku indicator hints that upcoming market sentiment may be bullish.
  • The bulls need to garner enough momentum to breach the critical $407.75 resistance level.
  • Six out of the seven latest sessions in the Elliot oscillator is bullish.

Key levels

BCH/USD

Overview
Today last price 401.684
Today Daily Change -4.0981
Today Daily Change % -1.01
Today daily open 405.7821
 
Trends
Daily SMA20 347.7614
Daily SMA50 311.2013
Daily SMA100 227.4641
Daily SMA200 216.7646
Levels
Previous Daily High 408.6708
Previous Daily Low 368.1427
Previous Weekly High 452.0904
Previous Weekly Low 330
Previous Monthly High 352.3611
Previous Monthly Low 166.4624
Daily Fibonacci 38.2% 393.1891
Daily Fibonacci 61.8% 383.6244
Daily Pivot Point S1 379.7263
Daily Pivot Point S2 353.6705
Daily Pivot Point S3 339.1982
Daily Pivot Point R1 420.2543
Daily Pivot Point R2 434.7266
Daily Pivot Point R3 460.7824

 

 

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