Here we have BCH/USD on the 4H chart.
Thanks to the solid 16.65% over the past 24 hours, the Bitcoin Cash price has been rebounded back to over $ 1,125. This is quite a change of pace for BCH supporters, as the Bitcoin Cash price goes up to $ 774.12 not that long ago. With so many markets in the past few weeks, that was not all that surprising whatsoever. Thankfully, the market is following the general uptrend in cryptocurrency by appreciating in value once again.
It is obvious that these gains are quite spectacular. Bitcoin Cash also notes strong gains against Bitcoin, as the BCH/BTC ratio improved by 10.07% over the past 24 hours. That in itself is quite interesting, considering how much the price itself has gone up by 5.5% in the same time period. When and how to gain value in the same time, with $1.631bn in 24-hour trading volume, the demand for Bitcoin Cash appears to be rather genuine
Around 4 am the first resistance at 999.24$ was broken since this time BCH/USD continue to grow up. it's very interesting to look closer because there is no wick !
FOLLOW and LIKE for more trading ideas ;)
Thanks to the solid 16.65% over the past 24 hours, the Bitcoin Cash price has been rebounded back to over $ 1,125. This is quite a change of pace for BCH supporters, as the Bitcoin Cash price goes up to $ 774.12 not that long ago. With so many markets in the past few weeks, that was not all that surprising whatsoever. Thankfully, the market is following the general uptrend in cryptocurrency by appreciating in value once again.
It is obvious that these gains are quite spectacular. Bitcoin Cash also notes strong gains against Bitcoin, as the BCH/BTC ratio improved by 10.07% over the past 24 hours. That in itself is quite interesting, considering how much the price itself has gone up by 5.5% in the same time period. When and how to gain value in the same time, with $1.631bn in 24-hour trading volume, the demand for Bitcoin Cash appears to be rather genuine
Around 4 am the first resistance at 999.24$ was broken since this time BCH/USD continue to grow up. it's very interesting to look closer because there is no wick !
FOLLOW and LIKE for more trading ideas ;)