Bitcoin price has broken below the ascending channel support on its short-term time frame, signaling that a selloff may be underway.
The post Bitcoin Price Technical Analysis for 10/04/2017 – First Signs of a Downtrend appeared first on NEWSBTC.
Bitcoin price has broken below the ascending channel support on its short-term time frame, signaling that a selloff may be underway.
The post Bitcoin Price Technical Analysis for 10/04/2017 – First Signs of a Downtrend appeared first on NEWSBTC.
Bitcoin price has broken below the ascending channel support on its short-term time frame, signaling that a selloff may be underway.
The post Bitcoin Price Technical Analysis for 10/04/2017 – First Signs of a Downtrend appeared first on NEWSBTC.
Key Points Bitcoin cash price declined further and moved below the 0 support against the US Dollar. This week’s highlighted descending channel pattern with current resistance at 0 on the hourly chart of BCH/USD (data feed from Kraken) is still active. The price might correct a few points higher, but most likely to face sellers … Continue reading Bitcoin Cash Price Technical Analysis – BCH/USD Still In Downtrend
The post Bitcoin Cash Price Technical Analysis – BCH/USD Still In Downtrend appeared first on NEWSBTC.
Key Points Bitcoin cash price declined further and moved below the 0 support against the US Dollar. This week’s highlighted descending channel pattern with current resistance at 0 on the hourly chart of BCH/USD (data feed from Kraken) is still active. The price might correct a few points higher, but most likely to face sellers … Continue reading Bitcoin Cash Price Technical Analysis – BCH/USD Still In Downtrend
The post Bitcoin Cash Price Technical Analysis – BCH/USD Still In Downtrend appeared first on NEWSBTC.