Bokka Crypto Technical Analysis BCH/BTC 01.11.18
As we forecasted in our previous report, Bitcoin Cash, born from the 2017 Bitcoin hard fork, has finally broken the descending triangle formation and fell below 0.068
The MACD has reverted to upside momentum and crossed above zero, giving a signal for new bullish movement.
After wild price swings occurred over past few days, BCH returned to the 0.068 level which has become a new resistance.
Recover attempt is likely possible in near term with new upward move up to the important level at 0.07.
Current Price = 0.066 BTC
4 week High = 0.080 BTC
4 week Low = 0.065 BTC
Market Cap = $7.39B
24h Volume = $285M