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Bitcoin Cash long-term Price Analysis: 21 October

From eng.ambcrypto.com

Bitcoin Cash has moved back up to 5th in the charts after dropping down to 8th a few weeks earlier, and now the asset indicated a return of collective volatility alongside the market. While the asset tested $267 earlier this week, currently it is consolidation near $250. With the trend gunning for another breach above, we analyzed BCH’s current and future possible moves. While Bitcoin Cash is currently consolidating near the $250 range, the price of BCH attained a high of $267 on October 16th. While the re-test at the resistance was less than anti-climactic, the current cup and handle pattern might indicate a ... (full story)

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  • Category: Technical Analysis