Bitcoincash Wave Analysis – 15 May 2026

Bitcoincash: ⬇️ Sell

– Bitcoincash approaching support level 416.00

– Likely to fall to support level 400.00

Bitcoincash cryptocurrency continues to fall inside the intermediate impulse wave (3) which started earlier from the key resistance level 480.00 coinciding with the 61.8% Fibonacci correction of the downward impulse from February.

The price earlier broke the support level 433.40 (which stopped the previous minor wave B at the start of May).

Given the clear daily downtrend, Bitcoincash cryptocurrency can be expected to fall to the next support level 416.00 (low of wave (1)) – the breakout of which can lead to further losses toward 400.00.