Bitcoin Cash Under Pressure Below 0.07 | Bokka
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Bitcoin Cash Under Pressure Below 0.07

Bokka Crypto Technical Analysis BCH/BTC 25.10.18

BCH/BTC

Daily Review

Bitcoin Cash declined slightly, to fall below 0.07 and form a bearish trendline on the 4-hour chart.
Strong support was established at 0.068 and was re-tested several times with a short-lived breakout a few days ago.
The MACD failed to gain momentum above zero and remains in a bearish zone.
Bitcoin Cash, born from the 2017 Bitcoin hard fork is closing the descending triangle formation which could lead to an imminent breakout.

Market Parameters

Current Price = 0.068 BTC
4 week High = 0.085 BTC
4 week Low = 0.066 BTC
Market Cap = $7.69B
24h Volume = $246M

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