Kraken, on, bitcoin Cash: Prepare For Extreme Volatility

Example 1:  margin sell (short) 10 XBT/USD -10 BCH (short xbt, long usd) example 2:  margin buy (long) 10 ETH/XBT -10 BCH (long eth, short xbt). The pair is likely to extend the current decline and it could test the 1,150 support level. However, you will also receive a 10 BCH credit to your balance corresponding to the margin position.

Bitcoin Cash (BCH) price, charts, market cap, and other

If you hold a 10 XBT short position across the fork, it will carry over and can be closed at any time in the usual way. Bitcoin Cash Price Decline, there was a rejection noted from the 1,300 resistance zone in bitcoin cash price against the US Dollar. See the project website: tcoincash. Looking at the chart, the current downside move seems to be a bearish wave with a close below 1,210.

Kraken - Market Data

It declined and moved below the 1,250 and 1,220 support levels. What Kraken Clients Need to Know about the Hard Fork.

Crypto kraken bitcoin cash price howTo

Read about how we use cookies and how you can control them on our. Major Support Level 1,150, major Resistance Level 1,220.

Cash, price, chart, tradingView

Bitcoin funding will be halted at 11 am UTC on August 1 do not deposit during the fork. After the fork Kraken will enable BCH trading in the following pairs: BCH/XBT, BCH/USD, BCH/EUR. Joining the list of exchanges set to interact with the BCC fork and credit user accounts with equal amounts of BTC and BCC, Kraken nonetheless advised considerable caution during the forking process itself.Margin traders should plan for the possibility of extreme volatility and unfavorable forced. BCH/USD has to move above the 780 and 800 resistances to gain upside momentum. Kraken will not be held responsible for any circumstances that result in the loss of BCH.

Crypto kraken bitcoin cash price, official

Bitcoin Cash Price Support, there was an extended decline in bitcoin cash price below the 780 support against the US Dollar. Provided that unforeseen circumstances do not make it prohibitively unsafe or difficult for us to do so, Kraken will support Bitcoin Cash as follows: All Kraken clients holding Bitcoin (XBT) balances at the time of the fork will be credited with an equal amount. A word of caution for everyone. All Kraken clients borrowing Bitcoin (XBT) for margin trades at the time of the fork will be debited an equal amount of Bitcoin Cash (BCH).

Analysis: BCH/USD Remains Supported

Major Support Level 740, major Resistance Level 800. Hourly RSI (Relative Strength Index the RSI for BCH/USD is now well below the 40 level. Krakens midway position contrasts sharply with fellow major US exchange. Kraken makes no promises/guarantees/warranties on the outcome of the fork.