FX.co ★ Analytics BCHUSD | Bitcoin Cash Rate in the Forex market

If, in the coming hours, a pullback occurs toward the 21 SMA or the 3/8 Murray line, we could consider taking short positions provided the price consolidates below this zone...

Given that the Eagle indicator shows Bitcoin has reached overbought levels, we could expect a sharp breakout from the uptrend channel and a consolidation below $80,000. This could lead...

Ethereum could extend its climb in the coming days if the price remains trading within the uptrend channel formed since April 29. A pullback toward the $2,340 area or even...

If Ethereum falls below the 21 SMA and decisively breaks the uptrend channel, it could launch a bearish cycle. Therefore, we could watch the $2,345 area as a key level...

Given that the 6/8 Murray zone acts as strong resistance, we could view this level as a key zone for opening short positions, as we could expect a technical correction...

Given that ETH is showing a positive signal, one opportunity would be to wait for it to reach the 8/8 Murray line to sell. Another plan could be to wait...

On the H4 chart, we can observe a triple top that Bitcoin reached on April 21 and May 2. These levels indicated a bearish signal. However, Bitcoin broke above $79,427...

A consolidation on the H4 chart below the psychological $75,000 level could give Bitcoin bearish momentum, and a break below the 200 EMA around $74,300 could push BTC down...

ETH is trading around $2,284, having consolidated above the 200 EMA and the 21 SMA, forming a symmetrical triangle pattern that could support its bullish cycle. Ethereum is expected...

Yesterday, Bitcoin dropped to around $75,000, while Ethereum reached a level of $2,218. Pressure on the digital asset market has sharply increased following yesterday's Federal Reserve meeting. Even though...