BCHUSD regained above $600 after a minor sell-off. The pair surged more than 8% in the past two days. It hit a high of $609.78 and is currently trading around $605.08.The overall trend is bullish as long as the support $440 holds.
The pair holds above the short-term (34 and 55-day EMA) and above the long-term moving average (200-day EMA).
The near-term resistance is around $640; any indicative breach above will take the pair to $715/$800. On the lower side, immediate support is $550, and any violation below targets $514/$490.
Indicators ( 4- hour chart)
CCI(50)- Bullish
Directional movement index - Bullish
It is good to buy on dips around $559 with SL around $440 for TP of $715.


FxWirePro: EUR/ NZD stays range-bound but maintains bearish bias
Pound Under Pressure: GBPJPY Pauses Five-Day Rally for Tactical Profit Booking
Euro's Ascent: EURJPY Bulls Eye 186.00 as Yen Weakness Persists
FxWirePro- Major Crypto levels and bias summary
Bitcoin Teeters Near USD 70,000 as USD 245 Million Liquidation Wave Rocks Crypto Markets
FxWirePro: USD/CNY recovers slightly from early decline but bears are not done yet
FxWirePro: GBP/NZD topside capped, sellers still hold the advantage
FxWirePro: USD/ZAR rebounds strongly, upside pressure builds
Bitcoin Reclaims $70,000: Trump’s De-escalation Rhetoric Sparks Crypto Rally
FxWirePro: GBP/USD dips after US CPI data, key support level in focus 



