- Bitcoin Cash is holding trading in the red, with small losses seen in the second half of the session at -0.10%.
- BCH/USD troubled by big area of supply preventing greater gains, $440-460.
- Via the daily chart view, price action remains moving within a bullish penannt pattern.
Spot rate: 413.00
Relative change: -0.10%
High: 420.07
Low: 407.60
BCH/USD 60-minute chart
- Price action via the 60-minute chart view has broken and retested a key near-term ascending trend line of support.
BCH/USD daily chart
- If the bulls are to achieve greater heights, heavy supply seen at $440-60 range must be broken down.
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