Bitcoin Cash is currently showing consolidation between 515 and 530 area.
We can see price is now above 100MA, which is now acting as a strong support. As price seems to trend with 100EMA.
We can also see price is being respected on its trend support, which is a critical level.
MACD is showing a possible bullish crossing.
If price decides to move up from here, we can possible see a minor rejection / reversal at 0.618 FIB level ($645)
If 100MA & Trend support is broken, price is likely to touch next support cluster at around $445.
We can see price is now above 100MA, which is now acting as a strong support. As price seems to trend with 100EMA.
We can also see price is being respected on its trend support, which is a critical level.
MACD is showing a possible bullish crossing.
If price decides to move up from here, we can possible see a minor rejection / reversal at 0.618 FIB level ($645)
If 100MA & Trend support is broken, price is likely to touch next support cluster at around $445.
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Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.