BCH/USD chart - Trading View
Exchange - Coinbase
Support: 356.33 (55-EMA); Resistance: 397.17 (21-EMA)
Technical Analysis: Bias Bearish
Bitcoin Cash extends sideways grind, upside capped at 21-EMA at 397.17.
The pair is trading 2.92% lower on the day at 382.60 at 12:20 GMT.
Technical indicators are biased lower. RSI has slipped below 50 mark.
Momentum with the bears. 'Bearish Divergence' on RSI and Stochs adds to the bearish bias.
Minor recovery attempts capped at 200H SMA, break above could see minor upside.
Volatility is rising on the hourly charts. Scope for dip till 55-EMA at 356.33. Further weakness could see test of 38.2% Fib at 326.67
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.


FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD climbs above 1.34 after BoE's relatively hawkish cut
FxWirePro: AUD/USD struggle to extend its recovery,good to sell on rally
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
GBP/JPY Surges Post-BoE Cut: Bullish Momentum Eyes 210 as Support Holds at 207.80
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
FxWirePro: USD/CAD recovers slightly but trend is still bearish
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook 



