• Crypto
    • Bitcoin News
    • Ethereum
    • Altcoin
    • Blockchain
    • Blockchain Companies
    • Cryptocurrency Exchanges
    • DeFi
    • Regulation
    • Press Release
    • ICO News
      • ICOs Review
      • Upcoming ICOs
      • Scam
  • Education
    • CryptoTicker Starter Kit
    • Blockchain For Dummies
    • Crypto entrepreneurs
    • Free Resources
    • Events
    • Events Review
  • Prices
  • Exchange Comparison
  • NFT
  • Newsletter subscription

  • News

    • Bitcoin News
    • Altcoin
    • Regulation
    • Blockchain Companies
    • Blockchain
    • Cryptocurrency Exchanges
  • News

    • Ethereum
    • Events Review
    • ICO News
    • Press Release
  • Education

    • CryptoTicker Starter Kit
    • Education
    • Blockchain For Dummies
    • Crypto entrepreneurs
    • Free Resources
    • Events
  • Cryptoticker

    • About us
    • Cryptoticker business
    • Advertise
    • Media Kit
    • Submit your Press Release
    • We write for you
    • Contact
    • Membership Login
  • Social Media

    Facebook
    Twitter
    Telegram
    Youtube
    • Newsletter
Starter Kit Membership
  • Crypto
    • Bitcoin News
    • Ethereum
    • Altcoin
    • Blockchain
    • Blockchain Companies
    • Cryptocurrency Exchanges
    • DeFi
    • Regulation
    • Press Release
    • ICO News
      • ICOs Review
      • Upcoming ICOs
      • Scam
  • Education
    • CryptoTicker Starter Kit
    • Blockchain For Dummies
    • Crypto entrepreneurs
    • Free Resources
    • Events
    • Events Review
  • Prices
  • Exchange Comparison
  • NFT
Starter Kit Membership
English
English Deutsch
Search Menu
Search


Bitcoin Cash (BCH) Price Analysis – Rejected at the Resistance at ±$265!

Posted On October 16, 2020 2:40 pm Konstantin Kaiser 0

Bitcoin
Trade Bitcoin now

The Bitcoin Cash price was able to rise up to the golden ratio at ±$265, where it was strongly rejected!

Bitcoin Price Analysis: Can BTC Move Up To $13,000?

Bitcoin Cash Price Analysis – Rejected at the golden ratio!

BCH/USD daily price chart
BCH/USD 1D – Tradingview

After the Bitcoin Cash price strongly bounced at the golden ratio support at ±$210, BCH rallied to the golden ratio resistance at ±$265, where it seems to be getting rejected today! Now Bitcoin Cash could find support at the 0.382 Fib support level. That’s also where the 50-Daily-EMA is, which could offer additional support. Should these support levels not hold, the BCH price could fall to the golden ratio at ±$225!

Ripple Price Analysis: XRP Breakout Hints At More Upside Action

Bitcoin Cash Price Analysis – Will a bearish breakout follow?

BCH/USD weekly price chart
BCH/USD 1W – Tradingview

But should the Bitcoin Cash price fall under $210, it would result in a bearish breakout from the symmetrical triangle. This might cause the Bitcoin Cash price to fall very low, possibly even to the local low of $133. But should the BCH price break the golden ratio at $265, it would find significant resistance at $270 – $275, where it would meet the 50-Weekly-EMA and the 0.382 Fib level. Later, at ±$360, another important resistance will be waiting for BCH.

The MACD lines are shortly before a bullish crossover, and the histogram has also been growing bullish for two weeks. But as long as the Bitcoin Cash price doesn’t break the golden ratio resistance at $265, things would be looking bad for BCH!

Binance Coin Price Analysis: Could BNB Be Eying Up $33.4 Again?

Bitcoin Cash Price Analysis – Bitcoin Cash monthly candle should close above $274 to remain bullish!

BCH/USD 1M – Tradingview

To really stay bullish, the BCH October monthly candle should close above $274, which would establish a bullish engulfing candle formation. Then, even a price target of $360 could be thinkable again. Until then, the golden ratio at $265 has to be broken first.

Tutorial – How To Mint NFTs

Bitcoin Cash Price Analysis – BCH/BTC pair also finds itself at the golden ratio resistance!

BCH/BTC weekly price chart
BCH/BTC 1W – Tradingview

Against Bitcoin, the BCH price reached the golden ratio at 0.023 BTC, where the BCH price was strongly rejected today. The BCH price now finds support at 0.02116 BTC between 0.0217 and 0.0219.

Best Regards and successful trades

Konstantin

Follow CryptoTicker on Twitter and Telegram for daily crypto news and price analyses!

It is super easy to buy Bitcoin. Just take a look at our exchange comparison!

This post may contain promotional links that help us fund the site. When you click on the links, we receive a commission - but the prices do not change for you! :)

Disclaimer: The authors of this website may have invested in crypto currencies themselves. They are not financial advisors and only express their opinions. Anyone considering investing in crypto currencies should be well informed about these high-risk assets.

Trading with financial products, especially with CFDs involves a high level of risk and is therefore not suitable for security-conscious investors. CFDs are complex instruments and carry a high risk of losing money quickly through leverage. Be aware that most private Investors lose money, if they decide to trade CFDs. Any type of trading and speculation in financial products that can produce an unusually high return is also associated with increased risk to lose money. Note that past gains are no guarantee of positive results in the future. 

Bitcoin Cash Crypto TradingView

  • share 
  • share 
  • share 
  • tweet 
  • share 


You might also like

Cryptocurrency Exchanges

Absurd Rise in Bitcoin Cash Price Suggests Insider Trading
December 21, 2017

More from Bitcoin Cash

Bitcoin Cash Price Analysis: Can BCH Price Overtake Ethereum?
Posted On July 28, 2020 Prasanna 0

Bitcoin Cash price (BCH) has cracked the $260 resistance, which explains that the bulls are continuing to purchase at higher levels. …

In order to support and motivate the CryptoTicker team, especially in times of Corona, to continue to deliver good content, we would like to ask you to donate a small amount. Independent journalism can only survive if we stick together as a society. Thank you


  • Top Broker

    Plus500
    Plus500
    Visit · Review
    Skilling
    Skilling
    Visit · Review
    Skilling
    eToro
    Visit

    Top Exchanges

    PrimeXBT
    Prime XBT
    Visit · Review
    Bybit
    bybit
    Visit · Review
    Kraken
    Kraken
    Visit · Review
    Coinbase
    Coinbase
    Visit · Review
    FTX
    FTX
    Visit



  • News

    • Bitcoin News
    • Altcoin
    • Regulation
    • Blockchain Companies
    • Blockchain
    • Cryptocurrency Exchanges
  • News

    • Ethereum
    • Events Review
    • ICO News
    • Press Release
  • Education

    • CryptoTicker Starter Kit
    • Education
    • Blockchain For Dummies
    • Crypto entrepreneurs
    • Free Resources
    • Events
  • Cryptoticker

    • About us
    • Cryptoticker business
    • Advertise
    • Media Kit
    • Submit your Press Release
    • We write for you
    • Contact
    • Membership Login
  • Social Media















    Newsletter


  • Imprint
  • Privacy Policy
  • Non-liability Disclaimer
©2021 CryptoTicker

Share

Share stories you like to your friends