40% Weekly Jump: Bitcoin Cash (BCH) has outperformed Bitcoin in weekly returns with a significant 40% increase. $700 Breakout Aim: The uptrend is aiming for a breakout at the $700 resistance level. Potential $1000 Target: Overcoming the $700 mark could set BCH on a path to reach $1000. Bullish Trend Motion: Despite Bitcoin's bearish start, BCH showcases a strong bullish trend. Bitcoin Halving Boost: Anticipation around Bitcoin Halving is expected to benefit Bitcoin Cash as a cheaper alternative. Market Cap and Returns: BCH's market cap is at $13.40 Billion, with a 68% return over the last 30 days. Bullish Flag Pattern: A range breakout indicates a bullish flag pattern, leading to massive engulfing candles. Fibonacci Levels: BCH has surpassed the 23.60% and 38.20% Fibonacci levels, aiming next for the 50% level at $762. Current Trading Price: Trading at $678, BCH exhibits an indecisive pattern with a Doji candle formation. Bollinger Bands Expansion: The uptrend stretches the upper Bollinger Band, showing buyer dominance. Next Resistance Level: After $762, the next notable resistance level is at $920, with potential sights set on $1000. Sentiment-Driven Rally: The bullish sentiment around the crypto market could push BCH towards the $1000 mark.
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.