Ad Code

Bitcoin cash token is trading on strong bullish momentum

Bitcoin cash token is trading on strong bullish momentum tradingview Over the weekly chart, the Bitcoin cash token is trading on strong bullish momentum. The coin is making higher highs and lower low patterns at the 4-hour time frame with average volume activity. The technical parameters are favouring the bulls as the coin is under a strong uptrend. Presently, the Bitcoin cash coin is trading at $680 with an intraday loss of +5.46%, and the volume to market cap ratio is at 0.2041. ADVERTISEMENT Relative Strength Index (CAUTION): Bitcoin cash token RSI presently indicates a slight caution over the weekly chart. In contrast, the RSI is heading lower after retesting the overbought zone and now CMP at 64. Moving Average Convergence Divergence (CAUTION): The daily chart indicates a neutral or slight positive trend, but caution over the long position is suggested. The buyer’s signal line (blue) is overpowering the seller’s line (orange). Support levels: $580 and $470 Resistance levels: $740 and $820.

Post a Comment

0 Comments