- Bitcoin cash price is facing a strong resistance near the $720 level against the US Dollar.
- The price is now trading just below $700 and the 55 simple moving average (4-hours).
- BCH / USD जोड़ी (कॉइनबेस से डेटा फीड) के 730-घंटे के चार्ट पर $ 4 के पास प्रतिरोध के साथ एक प्रमुख मंदी की प्रवृत्ति रेखा है।
- The pair could extend its decline below $650 if it remains below the $750 resistance zone.
बिटकॉइन नकद कीमत अमेरिकी डॉलर के मुकाबले $700 से ऊपर पहुंचने के लिए संघर्ष कर रही है Bitcoin. सकारात्मक क्षेत्र में वापस जाने के लिए BCH/USD को $750 को पार करना होगा।
बिटकोइन नकद मूल्य विश्लेषण
After forming a base above the $500 level, bitcoin cash price started a steady recovery. BCH recovered above the $550 and $650 levels, but the bulls are clearly facing many hurdles.
The price topped near the $800 level and it even failed to settle above the 55 सरल चलती औसत (4-घंटे). There was a fresh decline below the $750 support zone. The price traded below the 23.6% Fib retracement level of the upward move from the $472 swing low to $824 high.
There is also a key bearish trend line forming with resistance near $730 on the 4-hours chart of the BCH/USD pair. The pair is now trading just below $700 and the 55 simple moving average (4-hours).
It tested the 50% Fib retracement level of the upward move from the $472 swing low to $824 high. If the price remains below the $700 zone, there is a risk of more losses.
An initial support on the downside is near the $650 level. The next major support is near the $600 level, below which bitcoin cash price could dive towards the $500 level. An immediate resistance on the upside is near the $720 level.
The first major resistance is near the $750 level. A clear upside break above the $750 level could lead the price towards $850. Any more gains might call for a test of the $1,000 level.
बिटकॉइन नकद मूल्य
उसको देखता चार्ट, bitcoin cash price is clearly trading just below $700 and the 55 simple moving average (4-hours). Overall, the price is could extend its decline below $650 if it remains below the $750 resistance zone.
तकनीकी इंडिकेटर
4 घंटे MACD - BCH / USD के लिए MACD अब तेजी क्षेत्र में गति खो रहा है।
4 घंटे का आरएसआई (रिलेटिव स्ट्रेंथ इंडेक्स) - बीसीएच/यूएसडी के लिए आरएसआई 50 के स्तर से ठीक नीचे है।
मुख्य समर्थन स्तर - $ 650 और $ 600।
प्रमुख प्रतिरोध स्तर - $ 750 और $ 850।
स्रोत: https://www.livebitcoinnews.com/bitcoin-cash-analysis-risk-of-more-downsides-below-650/
