BCH/USD chart - Trading View
Exchange - Coinbase
Support: 168.35 (78.6% Fib); Resistance: 243.03 (61.8% Fib)
Technical Analysis: Bias Strongly Bearish
Bitcoin Cash is extending previous session's plunge, bias is strongly bearish.
BCH/USD was trading 9.42% lower at 223.24 at 09:30 GMT. Scope for test of 78.6% Fib at 168.35.
Technical indicators for the pair are sharply bearish, volatility is high and rising.
Weakness seen on daily and weekly charts. 'Death Cross' (bearish 50-DMA crossover on 200-DMA) adds to the bearish bias.
MACD has slipped into negative territory with a bearish crossover. ADX supports downtrend.
Immediate resistance lies at 243.03 (61.8% Fib). Bearish invalidation only above 200-DMA.


Bitcoin Bleeds $704M in ETF Outflows as Institutional Exodus Accelerates
NZD/JPY Breakout Blast: Kiwi Rocket Smashes 94.50 Resistance, Bulls Lock Sights on 95
FxWirePro- Woodies pivot (Major)
Ethereum Cracks Below $2,000 as Bitcoin Contagion Bites—Bearish EMA Stack Sets Sights on $1,700
EUR/JPY Bulls Hold the Line Above 185: Eyes Locked on 188 Breakout
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/ NZD dips below lower range, bearish bias increases
FxWirePro: USD/ZAR slips as SARB delivers surprise rate hike
FxWirePro- Major Crypto levels and bias summary
Ethereum Tumbles Below $2K: Bears Eye $1,700 as All Key EMAs Flip Red
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 



