Bitcoin Cash (BCH/USD) Reverses to Touch the Support Level of $1,100
Bitcoin Cash Price Prediction – May 14
There has a financial update record that the BCH/USD market has reversed downward to touch a support area of $1,100 as price now trades around $1,251 at a 0.43% decrease as of writing.
BCH/USD Market
Key Levels:
Resistance levels: $1,400, $1,500, $1,600
Support levels: $1,100, $1,000, $900
After a line of variant candlesticks converged around the market value of $1,400, the BCH/USD daily chart recorded a lower touch of $1,100 support level during yesterday’s trading session. But, today, presently witness a light-weighted candlestick a bit over the $1,200 level. The 14-day SMA is located around the mid-point of $1,000 and $1,200 values as the bullish trend-line drew to place lower at the latter line pointing towards the north. The 50-day SMA indicator is...
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