Bitcoin Cash (BCH/GBP) Key Levels Before BreakoutBitcoin Cash is currently testing a major level of resistance dating back since March, 2024. A break through this could run the price to the upside of £600+
£421 has been rejected once from the bulls already, so they are looking to retest this area back again :)
Bitcoin Cash (BCH/GBP) - Key Levels {April 2024}Weekly update for Bitcoin Cash (BCH/GBP), price has created and held a new Level of floor Support at: £421. Median will be in the range of £472, it appear BCH has had a wick rejection on the candle exactly at a major resistance level of: "£581".
Long term still very bullish, but expect prices to be
BCH in a clear up Channel and above support, with a move up?BCH is in a rising Channel and if you look it has hit the bottom of the channel 3 times.
The last is a conformed up. It has also broken above teh red resistance in this chart and currently holding above it.
We can see a long Pin bar circled in the chart this tells me we go up from here as well to
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.