Global Research Syndicate
No Result
View All Result
  • Latest News
  • Consumer Research
  • Survey Research
  • Marketing Research
  • Industry Research
  • Data Collection
  • More
    • Data Analysis
    • Market Insights
  • Latest News
  • Consumer Research
  • Survey Research
  • Marketing Research
  • Industry Research
  • Data Collection
  • More
    • Data Analysis
    • Market Insights
No Result
View All Result
globalresearchsyndicate
No Result
View All Result
Home Data Analysis

BCH/USD Bears Push the Price Towards $205 Level

globalresearchsyndicate by globalresearchsyndicate
December 1, 2019
in Data Analysis
0
BCH/USD Bears Push the Price Towards $205 Level
0
SHARES
2
VIEWS
Share on FacebookShare on Twitter

BCH Price Analysis – December 1

Bitcoin Cash (BCH) has been trading between the bull and the bear, while the price of the cryptocurrency fluctuates within the ascending channel.

BCH/USD Market

Key Levels:

Supply levels: $240, $250, $260

Demand levels: $190, $180, $170

BCHUSD – Daily Chart

Bitcoin Cash (BCH/USD) is trading at $213.32. The coin is still moving within the channel and around the 9-day moving average but below the 21-day moving average, following the downward movement. For the time being, the market price is moving towards the lower limit of the channel and the trading volume is issuing some sell signals as the MACD indicator is within the negative side.

Moreover, Bitcoin Cash price is expected to reach a $230 resistance level. Any attempt by the buyers to cancel the BCH/USD decline so that the development of the downtrend could result in an upward trend. The purpose of this movement is to for the buyers to push the price to the crucial resistance levels at $240, $250 and $260. On the downside, the price could reach the critical supports at $190, $180 and $170 levels.

BCH/BTC Market

Comparing with Bitcoin, the market has moved for a while in a very different way. But currently, sellers and buyers are trying to decide who will control the market while trying to break the upper or lower part of the symmetric triangle and falling below the moving averages of 9-day and 21-day while the MACD signal lines are still on the negative side.

BCHBTC – Daily Channel

However, if the bears try to break down the price, one would expect the market to fall to the support level of 0.0275 BTC and 0.0270 BTC. Meanwhile, a bullish continuation may likely push the price to the resistance levels of 0.0300 BTC and 0.0305 BTC respectively. Once the scenario is done, the market will continue to respect the trend line.

Please note: Cryptovibes.com is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.

READ ALSO

LINK targets new record highs at $30 as investors remain optimistic

Stellar Lumens Price Analysis: 28 January

Related Posts

LINK/USD bears threaten to retest the upside trend line
Data Analysis

LINK targets new record highs at $30 as investors remain optimistic

January 28, 2021
Stellar Lumens Price Analysis: 28 January
Data Analysis

Stellar Lumens Price Analysis: 28 January

January 28, 2021
EOS, Waves, DASH Price Analysis: 28 January
Data Analysis

EOS, Waves, DASH Price Analysis: 28 January

January 28, 2021
Latest Research and Industry Trends of Smart Grid Data Analytics Market Forecast –2027 Capgemini, Accenture, Infosys Limited, AutoGrid Systems Inc.
Data Analysis

Graph Database Market 2021 Future Scope and Price Analysis of Top Manufacturers Profiles – AWS, Neo4j, Teradata(SQL-GR), SAP etc – FLA News

January 28, 2021
Food Authenticity Market Analysis, Size, Share, Growth, Trends And Forecast 2020-2026 – Scientect
Data Analysis

Global Smart Cameras Market 2020 By Global Industry Size, Price Analysis, Supply Chain Analysis, Production, Consumption, Supplier, Cost Structure Market Analysis Forecast To 2027

January 28, 2021
Lithium Ion Battery Electrolyte Salt Material Market Report (2020-2026), Business Plan Strategy, New Solutions, Key Segments, Potential Targets And Recommendations
Data Analysis

Global Urology Drugs Market 2020 By Global Industry Size, Price Analysis, Supply Chain Analysis, Production, Consumption, Supplier, Cost Structure Market Analysis Forecast To 2027

January 28, 2021
Next Post
Portable Printer Market 2019 Primary Research, Product Research, Trends and Forecast by 2024

Integrated Smart Toilet Market 2019 Primary Research, Product Research, Trends and Forecast by 2024

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

POPULAR NEWS

‘Vatican Blackout’ Trends on Twitter as Trigger-Happy Users Try to Link It with US Election Fraud

‘Vatican Blackout’ Trends on Twitter as Trigger-Happy Users Try to Link It with US Election Fraud

January 10, 2021
Global Food Authenticity Industry

Fifth Third Bank Partners with Cardtronics to Enhance Brand Visibility in Carolinas through ATM Branding Program

February 4, 2020
Horowitz: Asian-American researcher fired from Michigan State administration for advancing facts about police shootings

Horowitz: Asian-American researcher fired from Michigan State administration for advancing facts about police shootings

July 8, 2020
Digital Learning Market 2020 industry report explores segmented by growth opportunities, emerging-trends, and industry verticals till 2025

Online Brand Protection Software Market report reviews size, share, analysis, trends, growth and forecast 2025

March 6, 2020
Online Brand Protection Software: Market with Coronavirus Impact Analysis | Industry Business Outlook, Revenue, Trends and Forecasts 2024

Online Brand Protection Software: Market with Coronavirus Impact Analysis | Industry Business Outlook, Revenue, Trends and Forecasts 2024

July 7, 2020

EDITOR'S PICK

Procurement Outsourcing Market 2020 – Industry Scenario, Strategies, Growth Factors and Forecast 2026

Data Center IT Asset Disposition Market Report 2020 – Industry Research Report by Manufactures, Types, Applications and Market Dynamics

January 10, 2020
Maternity Vitamin Market with Future Prospects, Key Player SWOT Analysis and Forecast To 2025

Sales Tax Management Software Market with Future Prospects, Key Player SWOT Analysis and Forecast To 2025

January 24, 2021
New Funds for Food Data Platform Crisp

New Funds for Food Data Platform Crisp

July 17, 2020
Hemp-based Foods Market to be Driven by the Growing Vegan Population and Cases Of Celiac Disease | Technavio

Hemp-based Foods Market to be Driven by the Growing Vegan Population and Cases Of Celiac Disease | Technavio

October 29, 2020

Categories

  • Consumer Research
  • Data Analysis
  • Data Collection
  • Industry Research
  • Latest News
  • Market Insights
  • Marketing Research
  • Survey Research
  • Uncategorized

Recent Posts

  • Global Clinical Research Services (CRS) Market (2020-2026) | Latest COVID19 Impact Analysis | Know About Brand Players: Labcorp, IQVIA, Syneos Health, Parexel, PRA, etc.
  • Renal Biomarkers Market Entry Strategies, Countermeasures of Economic Impact Channels to 2026
  • OTP Hardware Authentication Market 2026 by Product Type, Applications, Manufacturers, Revenue, Price, Share and Growth Rate & Forecast with key players position (Gemalto N.V. (Netherlands), RSA Security Inc. (U.S.), VASCO (U.S.), Entrust (U.S.) and others)
  • Privacy Policy
  • Terms of Use
  • Antispam
  • DMCA
  • Contact Us

Copyright © 2020 Globalresearchsyndicate.com.

No Result
View All Result
  • Latest News
  • Consumer Research
  • Survey Research
  • Marketing Research
  • Industry Research
  • Data Collection
  • More
    • Data Analysis
    • Market Insights

Copyright © 2020 Globalresearchsyndicate.com.

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In