BITCOIN CASH ANALYSIS UNDER 1 MINUTE! BCH TECHNICAL ANALYSIS! Crypto News Hub

Bitcoin Cash is trading in the bullish trend zone as the price breaks above the moving average lines. On August 02, the cryptocurrency sank above the moving average lines as it made another upward move. In the July 29 uptrend, the altcoin reached the high of $164 but was pushed back. BCH resumes the uptrend and reaches the resistance at $160. If the bulls break the resistance at $160, the market will rise to the high of $210. Conversely, BCH will be forced to move sideways if it turns away from the resistance zone at $160. BCH is in the overbought zone. The altcoin will rise if it reaches the high of $136.86. The cryptocurrency is at level 55 of Relative Strength for the period 14. BCH is in the upward zone and will continue to rise. - Disclaimer: This is not financial advice, trade at your own risk.