# Crypto Technicals: Bitcoin Cash pivotal at 4H 200-SMA, break below eyes 38.2% Fib at 326.67

By Anupama Grandhi

Canonical URL: https://www.tokenpost.com/news/investing/2127
Published: 2019-06-06T11:50:24.000Z
Updated: 2019-06-06T11:50:24.000Z
Section: Investing

> Support: 379.57 (4H 200-SMA); Resistance: 414.72 (20-DMA)

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

Exchange - Coinbase

Support: 379.57 (4H 200-SMA); Resistance: 414.72 (20-DMA)

Technical Analysis: Bias Bearish

Bitcoin Cash trades rangebound at 393.59 at 11:25 GMT.

Upside remains capped at 5-DMA, price action pivotal at 4H 200-SMA.

Momentum studies are bearish. Bearish 5-DMA crossover on 20-DMA adds to bearish tone.

GMMA indicator shows a shift in trend on the 4-hourly charts. Further Stochastic RSI has approached overbought territory.

Break below 4H 200-SMA eyes 38.2% Fib at 326.67. Retrace above 20-DMA negates bearish bias.

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)