BCHUSD Technical Analysis and How To Trade BCHUSD
30 Jun 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 trading below zero which indicates bearishness.
The immediate support is at 85.030 and the resistance level is at 208.590
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 trading below zero which indicates bearishness.
The immediate support is at 90.025 and the resistance level is at 120.780
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: