BCH (Bitcoin Cash) Trading

After a long consolidation, BCH has fallen thru to fresh lows since July and now targets 95.15

BCH continues to be on target for a test of 95.0

BCH has failed to dip to double digits over the last few days and now support comes in at 102.15

BCH has had recovery but is still not out of the woods and strong resistance comes in around 125

BCH is still targeting 124.0

BCH moved above 120, did not test 124.0 and has fallen since, but continues to be in short term uptrend and a test of 124 is still likely.

BCH was a laggard in the rally earlier in late October and has been a leader in the fall and is trading just above 96.0 which if broken could lead to an extremly sharp fall.

BCH fell to 87.0 but has recovered since, within the overall downtrend:

4-H chart for BCH showing its trapped within 100 and 110

BCH is headed towards 96 and then sub 90.

BCH has been extremely flat over the last several days and no directional move is likely either.

BCH is in middle of no-where and only a break above 117.0 would add momentum here for the bulls.

BCH has been ranged for quite some time now without any clear trend. The same is applicable currently as well and until we see a move above 150 on a sustained basis, the range is likely to hold.