Bitcoin Cash technical analysis: BCH/USD defies the crypto market, goes up by 5.71%

Bitcoin Cash technical analysis: BCH/USD defies the crypto market, goes up by 5.71%

BCH/USD went up from $329.05 to $348.25 over this Tuesday. BCH/USD has had a bullish breakout from a triangle formation. While the rest of the crypto market has seen red, BCH/USD has gone up from $329.05 to $348.25 this Tuesday. The latest candlestick is sandwiched between the 20-day simple moving average (SMA 20) and SMA 50 curves.