You're looking at the trading data for Bitcoin Cash ($BCH ) against USDT. Let's break it down and see what insights we can get.
Price & Trends:
Current Price: $303.8 (down 0.10% today)
24h Range: High $317.3 / Low $290.2
Trend: Short-term bearish, given the price is below the 25-day and 99-day EMA (Exponential Moving Averages).
Moving Averages:
EMA(7) = 303.3 (Short-term trend)
EMA(25) = 304.3 (Mid-term trend)
EMA(99) = 306.5 (Long-term trend)
Insight: Since the shorter EMAs are below the longer ones, it signals a downward trend. If the price breaks above EMA(99) ($306.5), it could signal a reversal.
Market Sentiment & Volume:
24h Trading Volume: 87,659 $BCH (~$26.72M USDT)
MACD, RSI, and other indicators missing in this snapshot
MA(5) = 3,493.468 / MA(10) = 4,067,604 (These numbers might have errors or formatting issues.)
Performance History:
Last 7 Days: -9.16% (downtrend)
Last 30 Days: -9.81%
Last 90 Days: -34.18% (strong decline)
Last 180 Days: -6.82%
Last 1 Year: -51.93% (massive drop)
Key Levels to Watch:
Support: $290.2 (24h low)
Resistance: $317.3 (24h high) → If $BCH breaks above this, we may see an uptrend.
Major Resistance: $320+
Trading Strategy:
If you're looking to buy, consider waiting for confirmation above $306.5 (EMA 99).
If you're already holding, watch support levels at $290 and consider stop-losses.
If you're shorting, look for rejection at $306-$310.
