# Crypto Technicals: BCH/USD extends consolidation, intraday bias neutral

By Anupama Grandhi

Canonical URL: https://www.tokenpost.com/news/investing/1920
Published: 2019-05-20T12:42:46.000Z
Updated: 2019-05-20T12:42:46.000Z
Section: Investing

> Support: 344.70 (21-EMA); Resistance: 439.92 (Upper BB)

[BCH/USD](<https://www.tradingview.com/symbols/BCHUSD/>) chart - Trading View

Exchange - Coinbase

Support: 344.70 (21-EMA); Resistance: 439.92 (Upper BB)

Technical Analysis: Bias Neutral

BCH/USD trades 3.44% lower at 403.79 at 12:20 GMT

Price action is holding above 5-DMA which is immediate support at 389.74

Major trend remains bullish, no major signs of reversal seen

Bearish divergence seen on hourly charts raises scope for weakness

Break below 5-DMA finds next major support at 21-EMA at 344.70

Retrace below cloud and 200-DMA will see resumption of weakness

For details on FxWirePro's Currency Strength Index, visit [http://www.fxwirepro.com/currencyindex](<http://www.fxwirepro.com/currencyindex>).

## Links in this article

- [BCH/USD](https://www.tradingview.com/symbols/BCHUSD/)
- [http://www.fxwirepro.com/currencyindex](http://www.fxwirepro.com/currencyindex)