BCHUSD (Bitcoin Cash) Price Chart, Forecast and Analysis
14 Apr 2022
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BCHUSD Technical Analysis: Weekly Chart
In the weekly charts, BCHUSD is trading in a downward channel.
It is trading below all SMAs: MA (5), MA (20), and MA (50).
The immediate support is 278.664 and the resistance level is at 361.014
BCHUSD is trading in a downward channel until there is a trend reversal.
BCHUSD Technical Analysis: Daily Chart
In the daily charts, BCHUSD is trading above its previous downward channel.
It is trading above MA (5) and MA (20) but below MA (50).
The immediate support is 336.586 and the resistance level is at 354.902
BCHUSD is trading outside and above its previous downward channel.
How to trade BCHUSD this week:
BCHUSD is trading in a downward channel until there is a trend reversal. However, the following opportunity can be taken: