🔴 $BCH · 1H
Price is $272.40 and $BCH remains below the averages that capped it earlier. The $268.40 area held twice over the last three days and is being tested again. Price is down in the lower third of that range. The floor is 1.5% away and the ceiling is nowhere close. The 20 has stayed below the 50 for a long stretch now. RSI at 34 is neutral, so momentum is not blocking a move either way. Over the past day it has traded between $268.40 and $298.00, sitting near the bottom of it now. The last 24 hours carried roughly 2.7x normal volume. Down 8.3% over 24 hours.
DYOR
$BCH #TechnicalAnalysis
Price is $272.40 and $BCH remains below the averages that capped it earlier. The $268.40 area held twice over the last three days and is being tested again. Price is down in the lower third of that range. The floor is 1.5% away and the ceiling is nowhere close. The 20 has stayed below the 50 for a long stretch now. RSI at 34 is neutral, so momentum is not blocking a move either way. Over the past day it has traded between $268.40 and $298.00, sitting near the bottom of it now. The last 24 hours carried roughly 2.7x normal volume. Down 8.3% over 24 hours.
DYOR
$BCH #TechnicalAnalysis