BCH/USD chart - Trading View
Exchange - Coinbase
Support: 321.58 (20-DMA); Resistance: 348.27 (55-EMA)
Technical Analysis: Bias turning bearish
Bitcoin Cash is slipping below 21-EMA, raising scope for further weakness.
Technical indicators are turning slightly bearish on the daily charts.
RSI has fallen below 50 mark and Stochs are showing a reversal from overbought levels.
Recovery was capped below 200H SMA on the hourly charts. A 'Death Cross' formation adds to the bearish bias.
Immediate support is seen at 20-DMA at 321.53. Break below eyes 200-DMA at 277.28.
On the flipside, 55-EMA is major resistance. Breakout negates bearish bias.


FxWirePro: GBP/USD dips lower on negative UK retail sales data
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
ETH/USD Clings Below $3000 in BTC's Shadow: Buy Deep Dips at $2700 Targeting $4000 Breakout
BTC/USD Coils Ahead of CPI & BOJ: Buy Dips at $85K Targeting $100K Breakout
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
FxWirePro: GBP/NZD retreats slightly but trend is still bullish 



