Wondering About Bitcoin Cash’s Latest Daily Large Transaction Count? Read to Find Out

The Daily View for Bitcoin Cash

  • At the time of this writing, BCH’s price is down $-0.12 (-0.08%) from the day prior.
  • This is a reversal of the price action on the previous day, in which price moved up.
  • If you’re a trader with a preference for rangebound markets, you may wish to note that there isn’t a clear trend on the 20, 50 and 100 day timeframes.
  • Price action traders may also wish to note that we see some doji and pin bar candlestick patterns on Bitcoin Cash. Given that we see an uptrend on the 20 daily candle timeframe, and that such candlestick patterns often denote reversals, this may be worth noting.
  • The moving averages on the daily timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.

Bitcoin Cash’s hourly price chart is shown below.

BCH

The Daily View for Bitcoin Cash

  • At the time of this writing, BCH’s price is down $-4.48 (-2.87%) from the day prior.
  • This move is a reversal from the day prior, which saw price move up.
  • If you’re a trend trader, consider that the strongest clear trend on the daily chart exists on the 20 day timeframe.
  • The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.
  • Divergence between BCH’s price and its RSI may be manifesting. As such, be on the lookout for trend reversal in BCH’s price.

Below is a daily price chart of Bitcoin Cash.

BCH

The Latest From BCH’s Blockchain

  • BCH has a daily transaction count of 0, NA NaN% from its value day prior.
  • Over the past 51 days, the trend for BCH’s number of daily new addresses has been choppy and unclear. It has oscillated between 0 and 0.
  • For BCH, its daily large transaction count is now at 0.

Featured Bitcoin Cash Idea From TradingView

Below is a trading comment entitled my bitcoin cash 220 target flag needs to be created you may find interesting:

waiting for retrace back near .236 fib level below $140 target, and then look for support to hold and create a flag breakout . im buying the dip

moneyflow_trader