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Friday

25 September 2020

Bitcoin Cash Analysis: Approaching Next Significant Break | Live Bitcoin News

Bitcoin Cash Analysis: Approaching Next Significant Break | Live Bitcoin News


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BCH price even settled well below the $250 support and the 55 simple moving average (4-hours).

However, the price seems to be facing a strong resistance near the $230 level and the 55 simple moving average (4-hours).

The pair must break the triangle resistance, $230, and the 55 simple moving average (4-hours) to start a strong recovery in the near term.

If there is a bearish break below the triangle support and $215, there is a risk of a sharp decline below the main $200 support in the coming sessions.

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