BCH USD Price: Bitcoin Cash Live Chart

Live update of Bitcoin Cash – BCH USD price with interactive visual and analytical tools to study chart patterns. The chart references the BCH USD price live from the Coinbase exchange.

About Bitcoin Cash (BCH):

Bitcoin Cash was started by bitcoin miners and developers concerned about the future of the bitcoin cryptocurrency, and its ability to scale effectively. Bitcoin is limited by transaction processing time, an issue that has caused rifts between factions within the bitcoin mining and developing communities.

The result was a hard fork that created Bitcoin Cash in 2017, a new cryptocurrency considered by supporters to be the legitimate continuation of the Bitcoin project as peer-to-peer electronic cash. All Bitcoin holders at the time of the fork (block 478,558) automatically became owners of Bitcoin Cash.

Helpful technical indicators to study Bitcoin Cash BCH USD price movement:

Technical analysis through the use of charts or volume helps to forecast Bitcoin Cash (BCH) USD price trends, however, do remember always that analysis can’t make absolute predictions about the future. Therefore, trade with caution.

The following are some of the technical indicators which could be useful for anticipating the most likely Bitcoin Cash BCH/ USD price movement.

Relative Strength Index (RSI)

RSI is an indicator that evaluates overbought or oversold conditions in the price of an asset – BCH. The RSI is a line graph that moves between two extremes and has a reading from 0 to 100. Traditional usage of the RSI is that:

Values of 70 or above indicate that an asset is becoming overbought and may be primed for a trend reversal or experience correction in Bitcoin Cash – BCH USD price.
An RSI reading of 30 or below indicates an oversold or undervalued condition.

Moving average convergence divergence

MACD is calculated by subtracting the 26-period Exponential Moving Average (EMA) of Bitcoin Cash – BCH USD price from the 12-period EMA. The result of that calculation is the MACD line. A nine-day EMA of the MACD called the “signal line”, is then plotted in addition to the MACD line which together functions as a trigger for BCH buy and sell.

Traders may buy the Bitcoin Cash when the MACD crosses above its signal line (orange line) and
Sell, or short, the BCH when the MACD (blue line) crosses below the signal line.

Another MACD strategy is to look at which side of zero the MACD lines are. Potential buy signals occur when the MACD moves above zero, and potential sell signals when it crosses below zero.

Above zero for a sustained period of time, and the trend is likely up or
Below zero for a sustained period of time, and the trend is likely down.

Moving Average (MA)

MA is the average of the closing USD price of an asset – Bitcoin Cash – BCH over a given number of periods. The 200-day simple moving average is one of the most-watched activities in the price charts by mostly all experienced traders. There are two basic signals in relation to the moving average:

If the price is above the X day SMA, this signals a bullish movement.
If the price is below the X day SMA this signals a bearish movement.

MA(50,200) Crossover

Another important signal that these moving averages send is a crossover between the 50-day and the 200-day moving averages.

Essentially, a bullish crossover (the 50-day MA moving above the 200-day MA) is called a golden cross and it signals that a new bullish ETH price trend is starting.
A bearish crossover (where the 50-day MA crosses below the 200-day MA) is known as the death cross. This is a sign that a bear market may be starting.

On-balance Volume (OBV) of BCH USD price

OBV is another technical trading momentum indicator that uses volume flow to predict changes in the stock or Bitcoin Cash BCH USD price. Ideally, the volume should confirm trends. A rise in BCH price should be accompanied by a rising OBV; a falling price should be accompanied by a falling OBV.

If OBV is rising and the price isn’t, the Bitcoin Cash (BCH) USD price is likely to follow the OBV and start rising.
The price is rising and OBV is flat-lining or falling, the BCH USD price may be near a top.
If the price is falling and OBV is flat-lining or rising, the BCH USD price could be nearing a bottom.

Chart patterns to remembers while analyzing BCH USD price

Head and Shoulders
Cup and Handle (bullish)
Triangles (Symmetrical, Ascending (usually bullish) and Descending)
Double tops and bottom [M (bearish) and W (bullish)]– Triple Tops (bearish) & Bottoms (bullish)