Weekly Technical Analysis of Bitcoin Cash March 30

Bitcoin Cash easily passed $ 169 a couple of days ago, with resistance at $ 177. By passing the bit quinquec from this resistance, a rounding bottom pattern will be completed with a potential target of between $ 222 and $ 249.

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Bitcoin Cash easily passed $ 169 a couple of days ago, with resistance at $ 177. By passing the bit quinquec from this resistance, a rounding bottom pattern will be completed with a potential target of between $ 222 and $ 249.

Both of the moving average lines are tall and the RSI index is located near the saturated shopping area, which indicates that buyers are more powerful than vendors. However, if it is not able to cross the resistance, the chances of falling to $ 169 and then $ 140 is not far off.