- Bitcoin Cash price is trading in the red, with losses of 5.8% in the second half of the session.
- BCH/USD bears smashed out of a daily bearish pennant structure, inviting fresh selling.
- To the downside, eyes are on the $150 price region, where demand can be observed.
BCH/USD daily chart
A bearish pennant breakout is being eyed via the daily chart view, as price action narrows.
BCH/USD 60-minute chart
60-minute price action has seen the breach of a bearish flag structure.
Spot rate: 184.95
Relative change: -5.80%
High: 196.69
Low: 183.04
Share
