Bitcoin Cash (BCH) Closes Last Hour Up $6.01; Makes Big Move Relative to Past Three Months, 2 Day Down Streak Broken

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The Hourly View for BCH Last Updated January 11, 2021, 01:016 GMT At the moment, Bitcoin Cash’s price is up $6.01 (1.02%) from the hour prior. This move is a reversal from the hour prior, which saw price move down. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 50 hour timeframe. The moving averages on the hourly timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying…

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