- Bitcoin Cash was seen trading marginally within the red on Friday, after the weighted sell-off at the back-end of Thursday.
- BCH/USD has broken a key near-term trend line, which has been retested and is on the way back south for now.
BCH/USD 60-minute chart
Spot rate: 788.6
Relative change: -1.90%
High: 812.6
Low: 780.8
Trend: Neutral/Bearish
Support 1: 788.5, today’s low & (support on 60-minute chart).
Support 2: 772.2, today’s (Friday) low & (support on 60-minute chart).
Support 3: 739.9, 21st July low.
Resistance 1: 816.3, underneath broken trend line.
Resistance 2: 826.0, 50MA.
Resistance 3: 829.2, 100MA.