Bitcoin Cash failed to reach the 50-day SMA. It turned down from just above the $500 level on September 22. The trend remains down as it is still trading inside the descending channel.
(https://i.imgur.com/ISZtkl4.png)
The 20-day EMA is flat and the RSI is close to the midpoint. This points to a likely consolidation in the near-term.
If the BCH/USD pair falls below $450, it can retest the low at $400. On the upside, the critical levels to watch out are the 50-day SMA and the downtrend line of the descending channel.
We will wait for the trend to change before suggesting a trade.
Source (https://cointelegraph.com/news/bitcoin-ethereum-ripple-bitcoin-cash-eos-stellar-litecoin-cardano-monero-dash-price-analysis-september-24)