| Technicals

Become a contributor

Bookmark Econotimes

| Technicals

China's Xinjiang Crackdown: 400K Rigs Offline, Bitcoin Hashrate Plunges 8-10%

FxWirePro- Major Crypto levels and bias summary

FxWirePro- Top Trending Coins (CoinGecko)

FxWirePro- Major Crypto levels and bias summary

FxWirePro- Top trending Coins (CoinGecko)

GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212

BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K

FxWirePro: USD/ZAR edges higher but bearish outlook persists

Canada's Bold New Rules for "Good Money" Stablecoins

FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption

FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains

UK Crypto Ownership Drops to 8%: Maturing Market Shifts to Bigger BTC/ETH Bets

FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook

FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook

FxWirePro- Top trending Coins (CoinGecko)

Tom Lee's BitMine Scoops $140M ETH on Dip, Treasury Swells to Over 3.2% of Supply

BTC/USD Coils Ahead of CPI & BOJ: Buy Dips at $85K Targeting $100K Breakout

©Econometrics LLC . All Rights Reserved.

Crypto Technicals: BCH/USD finds strong resistance at 4H 55 EMA at 227.54, decisive break above to see further upside

Monday, October 7, 2019 10:54 AM UTC

BCH/USD chart - Trading View

Exchange - Coinbase

Support: 207.85 (Trendline); Resistance: 245.84 (21-EMA)

Technical Analysis: Bias slightly bullish

Bitcoin Cash spikes higher on the day, trades 3.09% higher at 227.29 at 10:30 GMT.

BCH/USD hit 6 days high at 228.74 before paring some gains.

The pair finds stiff resistance at 4H 55-EMA at 227.53, decisive break above required for further gains.

Stochastics RSI is biased higher and Stochs and RSI are on verge of rollover from oversold levels.

Next major resistance aligns at 21-EMA at 245.80. Break below trend line support (207.85) to see resumption of weakness.

Editor's Picks

Breathing through your nose when you exercise may make your runs easier

Entrepreneurs are facing a mental health crisis — here's how to help them

Are fish oil supplements as healthy as we think? And is eating fish better?

Will AI kill our creativity? It could – if we don’t start to value and protect the traits that make us human

Does AI have a right to free speech? Only if it supports our right to free thought

How can I lower my cholesterol? Do supplements work? How about psyllium or probiotics?

Why we need to set limits on sperm donation

Aging with a healthy brain: How lifestyle changes could help prevent up to 40% of dementia cases

Seven techniques to avoid weight regain, approved by experts

Market Data

Oil Prices Steady in Asia but Headed for Weekly Loss on Supply Glut Concerns

TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement

U.S. and China Push for Ceasefire as Thailand–Cambodia Border Clashes Escalate

EU Delays Mercosur Free Trade Agreement Signing Amid Ukraine War Funding Talks

Putin Signals Possible Peace or Continued War in Ukraine at Major Year-End Address

FxWirePro- Major Crypto Updates

FxWirePro- Token Unlock Tomorrow (

Precious Metals Rally as Silver and Platinum Outperform on Rate Cut Bets

Syria, Kurds and U.S. Race to Show Progress on SDF Integration Deal

EconoTimes

Disclaimer: EconoTimes provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and EconoTimes specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Brokerage. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. EconoTimes expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results.

Crypto Technicals: BCH/USD finds strong resistance at 4H 55 EMA at 227.54, decisive break above to see further upside

Editor's Picks

Welcome to EconoTimes