BCHUSD breaks significant resistance $500 after a long consolidation. It hits an intraday high of $524.59 and is currently trading around $522.46. Overall trend is bullish as long as the support $435 holds.
The pair holds above the short-term (34 and 55-day EMAs) and above the long-term moving average (200-day EMA).
The near-term resistance is around $550; any indicative breach above will take the pair to $600/$640/$715. On the lower side, immediate support is $480, and any violation below targets $435/$400/$377/$349/$325.
Indicators ( Daily chart)
Directional movement index - Bullish
It is good to buy on dips around $515-517 with SL around $480 for TP of $640.


FxWirePro- Major Crypto levels and bias summary
FxWirePro:EUR/NZD dips below lower range, bearish bias increases
FxWirePro- Woodies pivot (Major)
GBPUSD, AUDUSD & NZDUSD Turn Extremely Bullish: Strong Positive Momentum Drives Major Pair Action Bias
FxWirePro: USD/CAD falls after BoC rate hold and weak U.S. producer inflation
FxWirePro: EUR/AUD bears maintain upper hand
ETHUSD Bullish Momentum: Follows BTC Above All EMAs, Buy Dips Near $1750 Targeting $2300
FxWirePro: NZD/USD steadies around 0.5830,retains bid tone
FxWirePro: AUD/USD edges lower, but bullish outlook persists
FxWirePro- Major Crypto levels and bias summary 



