Bitcoin Cash is trying to reverse from the daily support zone of $377-$395.
A bullish reversal from this support zone will result in a move to re-test $435-$451.
A bearish break-out of $377-$395 will push BCH price lower towards $341.
Intraday Chart
The BCHUSDT 4-Hour chart is trying to escape bearish zone and get back to above $389.
A bearish rejection of $389 will lead to Bitcoin Cash price declining to $303-$327, the key intraday support zone, however on the way to this zone BCH will have to deal with $361 support.
A bullish break-out of $389 will push price to re-test $442, however the price action may be slow and choppy.
Support once read!
Thank you.
A bullish reversal from this support zone will result in a move to re-test $435-$451.
A bearish break-out of $377-$395 will push BCH price lower towards $341.
Intraday Chart
The BCHUSDT 4-Hour chart is trying to escape bearish zone and get back to above $389.
A bearish rejection of $389 will lead to Bitcoin Cash price declining to $303-$327, the key intraday support zone, however on the way to this zone BCH will have to deal with $361 support.
A bullish break-out of $389 will push price to re-test $442, however the price action may be slow and choppy.
Support once read!
Thank you.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.