- Bitcoin Cash was on the back foot, giving back all of its gains made on Monday, down in the session over 2%.
- If near-term support fails to hold, it may not be long until the price is retesting the lows on 29th June, within the $600 region.
BCH/USD 60-minute chart
Spot rate: 765.0
Relative change: -2.05%
High: 831.3
Low: 763.3
Trend: Bearish
Support 1: 762.1, 50% Fibonacci & 50MA.
Support 2: 745.0, 100MA.
Support 3: 728.70, on top of broken flag.
Resistance 1: 792.3, 61.8% Fibonacci.
Resistance 2: 800.0, supplt zone.
Resistance 3: 831.3, today’s (Tuesday) high.
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