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Bitcoin Cash (BCH) Price Near $260.44 After Going Up $0.11 in Past Hour
Currently, BCH’s price is up $0.11 (0.04%) from the hour prior. It’s been a feast for bears operating on an hourly timeframe, as BCH has now gone down 4 of the past 5 hours. Regarding the trend, note that the strongest trend exists on the 100 hour timeframe. Price action traders may also wish to note that we see a pin bar candlestick pattern on BCH. Given that we see downtrend on the 10 hourly candle timeframe, and that such candlestick patterns often denote reversals, this may be worth noting. The moving averages on the hourly timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a ... (full story)
