• Thu, 05 Dec 2019, 09:38 PM
  • All times are UTC
  • Edition:
    International
Copy link
Increase text size
Decrease text size
Link copied

Crypto Technicals: BCH/USD holds trendline support, edges above 5-DMA (209.42), intraday bias neutral

Tue, 26 Nov 2019, 04:18 am UTC

BCH/USD chart - Trading View

Exchange - Coinbase

Support: 190.50 (Trendline); Resistance: 226.86 (200H MA)

Technical Analysis: Bias Neutral

BCH/USD has bounced off strong trendline support, further weakness only on break below.

The pair has edged above 5-DMA and was currently trading at 212.91, up 2.41% at 04:00 GMT.

Intraday bias has turned neutral, major trend remains bearish. Oscillators being at oversold levels, some consolidation likely.

The pair finds immediate resistance at 110H EMA at 214.31. Break above could see more gains.

Next major resistance aligns at 200H MA at 226.86 ahead of 21-EMA at 242.45. Bearish invalidation only above daily cloud.

On the downside, break below trendline support (currently at 190.50) will see downside resumption.

TokenPost | [email protected]

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
More
  • Bitcoin (BTC) $7,410.08 (+1.27%)
  • Ethereum (ETH) $148.87 (+0.80%)
  • XRP (XRP) $0.224600 (+0.84%)
  • Bitcoin Cash (BCH) $212.72 (+0.79%)
  • Litecoin (LTC) $44.94 (-1.05%)
  • Bitcoin (BTC) $7,410.08 (+1.27%)
Dec 5, 2019 (Thursday)
13:09
Dunamu’s crypto subsidiary DXM partners with Ledger to launch custody service for institutional clients
11:28
Crypto Technicals: Major Cryptocurrency Support Resistance Levels
11:28
Crypto Technicals: Major Cryptocurrency Daily Technical Outlook
10:49
Crypto Technicals: LTC/USD pauses downside, bullish RSI divergence raises scope for upside
10:43
U.S. financial regulators call for continued monitoring of digital assets and DLTs
10:10
Crypto Technicals: IOT/USD retraces above 0.20 handle; recovery lacks traction
09:38
Samsung Blockchain Keystore to be soon available in six more European countries, says TRON CEO Justin Sun
08:15
KT and China Mobile team up to commercialize blockchain-based roaming charge system
07:13
Crypto Technicals: XRP/USD capped below 5-DMA, on track to test trendline support at 0.1995
06:44
France to launch CBDC trial by end of Q1 2020
06:35
Crypto Technicals: BTC/USD finds selling pressure at highs, bias remains bearish as long as 21-EMA resistance holds
06:25
OneConnect seeks to raise $500M for its upcoming IPO amidst global expansion of parent company Ping An
06:17
China’s Hainan announces new measures, $142M fund to support blockchain industry
05:25
Sean Neville to step down as Circle co-CEO
05:02
Bakkt CEO Kelly Loeffler appointed as U.S. senator by Georgia governor Brian Kemp
04:58
Gemini burns GUSD bringing total supply to 4.1 million
04:46
Crypto Technicals: ETH/USD recovery capped at 200H MA, break below 78.6% Fib (141.35) to knock prices lower
03:59
Poloniex users could lose fund, account if they fail to withdraw tokens by Dec. 16, Circle warns
03:36
North Korean hacking group may be behind near-undetectable macOS malware
Dec 4, 2019 (Wednesday)
13:46
BOJ Governor Haruhiko Kuroda sees no public demand for CBDC at the moment
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.
PUBLISHsoft