RATE Group | BCH/USD jumps 76% in the session and move north not done yet
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BCH/USD jumps 76% in the session and move north not done yet

21 Dec BCH/USD jumps 76% in the session and move north not done yet

Posted at 00:09h in Bitcoin News by

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  • Bitcoin Cash price jumped as much as 76% in the session on Thursday. Seen up over 45% in the latter part of the day.
  • BCH/USD bulls will be gunning for upside targets of; $205, $250, $410 and $650.

BCH/USD 15-minute chart

  • After the price cooled, the bulls have forced a breach from a descending wedge pattern.


 

 

Spot rate:                  184.45

Relative change:      +46.55%

High:                         213.40

Low:                          123.85

 

 

Trend:                        Bullish

 

Resistance 1:             192.06, daily pivot point resistance.

Resistance 2:             205.00, daily resistance area. 

Resistance 3:             250.00, daily resistance area.

Support 1:                  146.80, monthly low.

Support 2:                  103.34, daily pivot point support.

Support 3:                  80.42, daily pivot point support.

 

BCH/USD 60-minute chart

  • $150 was a big…

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