22nd September - Cryptocurrency Price Analysis - By Shivkumar
The trend are bearish which can be seen from recent fall and bears used the recent relief rally to $11,000 to initiate short positions.
Bearish will try to sink the price below $ 9835 and if succeed price can fall to $ 9000 or further down.
If the pair rebounds off the $10,000–$9,835, support, the bulls will once again attempt to push the price above the $11,225.
If succeeded we can see a new uptrend.
Bears intensified selling after it broke support $353.443, and the next support on the downside is $308.392 and below it $288.
If the pair rebounds from these quickly than we can see bulls buying aggressively at these level.
Bullish above if the bulls can push the price above the $ 353 and at $400.
Bears trying to sink the price $0.235688–$0.229582 support zone and if successful can decline to $0.19.
Bullish above current level and $ 0.26.
Bearish if bears can close the price below $215, the pair can drop to the critical support at $200.
Bullish above $ 234.
Break below $ 200 will be negative for BCH.
Disclosure: The author holds no cryptocurrency at the time of writing.Register for Technical news and market update email@example.com || Facebook :- www.facebook.com/shivfxcrypto ||Instagram :- www.instagram.com/shivfxcrypto1 ||Twitter :-www.twitter.com/shivfxcrypto|| Whats App :- +91-70439-12326