BCH/USD chart - Trading View
Exchange - Coinbase
Support: 185.75 (Trendline); Resistance: 202.85 (5-DMA)
Technical Analysis: Bias strongly bearish
BCH/USD tumbles over 5% on Monday's trade to hit 3-week lows at 193.60, bias strongly bearish.
The pair was extending previous session's weakness, was trading 1.03% lower at 193.93 at 09.45 GMT.
20-DMA offers stiff resistance. Multiple attempts by the pair to break above were rejected.
GMMA shows bearishness for near and long term. Parabolic SAR now supports downside.
Despite oscillators being well in the oversold territory, strong bearish momentum likely to drag prices lower.
Immediate support is seen at 185.75 (Trendline). Break below will see test of 88.6% Fib at 168.35.
5-DMA is immediate resistance at 202.87. Break above 20-DMA required for any shift in near-term dynamics.


Bitcoin on Edge: Geopolitical Tensions Weigh on BTC as Bulls Eye the USD 64,000 "Buy the Dip" Zone
NZDJPY Bears Take Control: New Zealand Dollar Retreats as 92 Resistance Holds Firm
FxWirePro: GBP/USD outlook weaker on renewed downside pressure
Bitcoin Recovers Amid Easing Geopolitics: Bulls Target USD 80,000 Support Rebound
Ethereum Rises on Geopolitical De-escalation: Pezeshkian’s Peace Signal Ignites Bullish Momentum
Bitcoin’s High-Stakes Volatility: BTCUSD Navigates Geopolitical Storms
FxWirePro- Major Crypto levels and bias summary
Euro Retreats as Geopolitical Tensions Surge: EURUSD Eyes 1.1400 Floor Amid Safe-Haven Demand
EUR/JPY Bulls Charge: Eyeing 186.00 as Euro Strength Intensifies
Ethereum in Consolidation: ETH Trapped in Narrow Range as Bulls Await the USD 2,000 "Buy the Dip" Opportunity 



