BCH/USD resume bullish trend. The cryptocurrency has been on the downtrend movement since May 7th, immediately after the Doji candle formation followed by the bearish engulfing candle. The 21-day EMA also crossed the 50-day EMA downside to confirm the bearish trend. Since then, the bears were in control of the Bitcoin Cash market. The coin found its lower low at $410 support zone on October 31. The bears lose pressure in this zone and the bulls gained momentum. The strong bullish pressure after the Doji formation at $410 in the support zone signaled the bulls returned. Confirmation to the bulls’ takeover was seen as ... (full story)