BCHUSD (Bitcoin Cash) Price Chart Technical Analysis and News
28 Apr 2022
BCHUSD Technical Analysis: Weekly Chart
In the weekly charts, BCHUSD is trading in a downward channel.
It is trading below all SMAs: MA (20), MA (50), and MA (100).
RSI is in selling zone which indicates bearishness. MACD is currently below zero which indicates bearishness.
The immediate support is at 256 and the resistance level is at 502.
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 in a downward channel.
It is trading below all SMAs: MA (20), MA (50), and MA (100).
RSI is in selling zone which indicates bearishness. MACD is currently below zero which indicates bearishness.
The immediate support is at 278 and the resistance level is at 324.
BCHUSD is trading in a downward channel until there is a trend reversal.
How to trade BCHUSD this week:
BCHUSD is trading in a downward channel until there is a trend reversal and the following opportunity can be taken: