FenzoFx—Bitcoin Cash (BCH) is consolidating within the bullish fair value gap, supported at $551.80 and trading at $560.00, up 0.48% today. Despite a new lower low, volume remains bullish, suggesting the current bearish momentum may be consolidation rather than a downtrend.
Immediate resistance is at $570.20. If price closes and stabilizes above this swing high, BCH/USD could form a bullish wave toward $594.00.
Immediate resistance is at $570.20. If price closes and stabilizes above this swing high, BCH/USD could form a bullish wave toward $594.00.
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Knowledge Should Be Free – And So Is Your Path to Trading Success.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.