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Bitcoincashprice

#BitcoinCash Is Bullish, More Upsides Expected Above March HighsPast Performance of Bitcoin Cash BCH prices remain wavy inside a bull flag from the range defined from December to April 2022. For now, traders can look to ride the uptrend from a top-down preview. However, this will largely depend on the reaction of prices at around HKEX:136 , marking March and April highs. On the lower end, support is at around $130. #BitcoinCash Technical Analysis The recovery of prices from mid-March shapes the current price action. There is a double top though the trend is negative slanting. Resistance is around the HKEX:136 zone, while support flashes with the high of April 3. The bar is bullish, engulfing, and wide-ranging, which initiated the recent breakout and drive to spot rates. Therefore, unless there is a comprehensive push above HKEX:136 and the resistance trend line, the odds of contraction below HKEX:130 towards HKEX:120 remains high. If bulls take charge, BCH may float to Q1 2023 high of $145. What to Expect From #BCH? BCH remains volatile and moving inside a tight trade range, as seen in the past two days. Still, bulls have the upper hand. Buyers from mid-March 2023 could spill over, providing the impetus for a leg up toward HKEX:145 in a refreshing bull trend continuation. Resistance level to watch out for: HKEX:136 Support level to watch out for: HKEX:130 Disclaimer: Opinions expressed are not investment advice. Do your research.
by Bitcoin_Analyzer
BCH Bitcoin Cash: 1D & 1M Chart ReviewHello friends, today you can review the technical analysis idea on a 1D and 1M linear scale chart for Bitcoin Cash (BCHUSD). See the Bitcoin Cash price on the 1M (left chart) and 1D (right chart). On the 1D chart there is a ascending triangle bull flag forming with the measured move around the 0.50 Fibonacci Retracement area (on 1M chart). 200 SMA, RSI, and Ichimoku Cloud are included in the analysis. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
COINBASE:BCHUSD
by MillionaireEconomics