mobster2

BCH faces overhead resistance at 200 EMA. Can it break through?

BITSTAMP:BCHUSD   比特币现金/美元
Hello,
As you can see there are 3 major zones outlined on my analysis. I left the chart rather empty as I do not want to make assumptions of what might happen. I will however give an analysis of the likelihood that movements will occur based on the price and volume reactions to my outlined levels.
We seemed to be attempting to break out of a bullish pennant yesterday, however BCH is facing some overhead resistance at the 800 hour average (around $1700). If we can reach and breach this level around $1700, a move near $2000 levels is likely. $2000 offers very strong overhead resistance and is a good mid-term profit-taking target based on what the market is telling us. I will update this broad analysis as the story unfolds.
Take it EZ
Mobsta
ZH 简体中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 繁體中文
AR العربية
HE עברית
首页 股票筛选器 外汇筛选器 加密货币筛选器 财经日历 如何运作 图表功能 网站规则 版主 网站 & 经纪商解决方案 插件 图表库 功能请求 博客 & 新闻 常见问题 帮助 & 维基 Twitter
概述 个人资料设置 账号和账单 我的支持通知 联系支持 已发表观点 粉丝 正在关注 私人消息 聊天 退出