BCH/USDT · 1D · 8 Nov 2026
Bitcoin Cash (BCH) price analysis — daily chart
Bitcoin Cash (BCH) is at 244.4 on the 1D chart. The setup is still bullish while BCH holds over 231.2: a lower low that momentum did not confirm, right on support — but it is being tested.
Daily downtrend since Sep 23, at the lows — the last lower high is 298.0
The read
The setup is still bullish while BCH holds over 231.2: a lower low that momentum did not confirm, right on support — but it is being tested.
Against it: on the daily chart, each peak and each dip has been lower than the last and the weekly chart is down — a warning, not a reversal.
Price is under the 50-day average (290.8). It is under the 200-day average (278.7).
The last 5 days are down 9.7%.
Price is 18.0% under 298.0, the last lower high, and 0.3% over 243.7, the trend's low.
What kills the setup: a daily close under 231.2, 5.7% away.
Why
For it: RSI and MACD show a bullish divergence: price set a lower low that momentum did not confirm.
Against it: on the daily chart, each peak and each dip has been lower than the last; the weekly chart is down; price is under the 50-day average (290.8).
If-then
While BCH holds over 231.2 the setup stays bullish; 298.0 is the next line it has to clear.
A 1D close above 298.0 takes out the last lower high — the downtrend's structure ends there; the next level up is 322.6.
A 1D close below 231.2 ends the bullish divergence at support; no tested level below it on this chart — the next round number is 225.0.
Key levels
243.7 is the floor — the trend's low, set Nov 7.
298.0 is where sellers keep showing up: it held 3 of 4 visits.
The full picture
BCH has been in a downtrend since Sep 23: its lows have stepped down (263.4, then 243.7), and so have its highs (366.1, then 305.1, then 298.0). Price is at the trend's low, 243.7, set Nov 7. The last lower high is 298.0 (Oct 30), 18.0% above price; no daily close has gone over it.
The weekly picture: a weekly downtrend, 85% under the all-time high; on the daily, price is below the 200-day average (278.7), and the 50-day average is above the 200-day average. The daily trend goes the same way as the weekly.
Against BTC: over the last 5 daily candles BCH moved -9.7% and BTC -1.2% — BCH is the weaker chart.
Sellers have had the daily since Sep 23: each bounce has been sold lower than the last, and no daily close has cleared a lower high.
The rest of the chart backs the downtrend. Price is under the average price buyers have paid since the 199.7 low, 279.8, so those buyers are losing money. Momentum favours the sellers (RSI 36): their closes have been stronger.
What doesn't fit: The trend is weak — ADX 21, under the 25 where a trend is real, with sellers ahead (−DI 27, +DI 11). RSI and MACD show a bullish divergence: price set a lower low that momentum did not confirm. These are the cracks in an otherwise intact downtrend.
Key levels
| Level | Price | From price | Role |
|---|
| Swing high | 322.6 | +32.0% | swing, read |
| Read ceiling | 298.0 | +21.9% | read edge |
| Fib retracement | 295.4 | +20.9% | fib, read edge |
| Fib retracement | 267.2 | +9.3% | fib |
| 2-TF resistance | 264.7 | +8.3% | confluent, calendar |
| Fib retracement | 261.6 | +7.1% | fib, sr |
| Order block | 258.0 | +5.6% | order block, calendar |
| Golden pocket | 251.7 | +3.0% | golden pocket |
| Order block | 249.3 | +2.0% | order block, calendar |
Updated 8 Nov 2026. Run a live Bitcoin Cash read →
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