BCH Hammered

Bitcoin Cash has gotten hammered, clinging onto $1,200 for support. It is difficult to believe that just a few days ago this coin was in the $1,500's. BCH reacts wildly to bearish trends, but typically is slow to react to bullish trends. We've broken through support from the central moving average of the KRI at $1,271. We'll have support from Fibonacci levels at $1,144, $965, then the lower bound of the KRI at $936. If momentum reignites, we must conquer numerous levels in the $1,200's and $1,300's so that vacuum zone to $1,600 seems to be light years away. Levels of resistance from above include $1,271, $1,300, $1,400, $1,438, $1,500, and $1,522. The upper bound of the KRI will be the next point of resistance at $1,624, then after that, $1,764, the lower anchor of our nested Fibonacci levels, seems to be a reasonable target.

Interested in the Altcoin Index and the Crypto Spread Indicator? Check them out here!

For daily commentary on cryptocurrencies, subscribe to our newsletter!
Check out my indicators!
I'm looking at lower levels before I even consider higher. BTC will drag us down to revisit lows before November pump. See you at the bottom.....
@KingMR, Exactly. We're at war again right now. Keep levels in mind and be judicious when going long for now. Wait for buying pressure, which just isn't there atm...
problem with this coin is when it pops you can't catch it or rather i can't :-(
@qdoc, Exactly It pops whenever the f it feels like it. That and it gets hit so hard when the crypto market is bearish.
+1 回覆
qdoc quantguy
@quantguy, agreed thanks for the hard work ;-)
@qdoc, Thanks! I appreciate your feedback
ZH 繁體中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
AR العربية
HE עברית
首頁 股票篩選器 外匯篩選器 加密貨幣篩選器 全球財經日曆 如何運作 圖表功能 網站規則 版主 網站 & 經紀商解決方案 小工具 圖表庫 功能請求 部落格 & 新聞 常見問題 幫助 & 維基 推特
概述 個人資料設定 帳戶和帳單 我的客服工單 聯絡客服 發表的想法 粉絲 正在關注 私人訊息 在線聊天 登出