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  • Bitcoin Cash trades over half a percent higher today as crypto sentiment is mixed.
  • The chart structure is making higher highs and higher lows on an intraday basis.

Bitcoin Cash 30-Minute Chart

The BCH/USD pair looks like it is trying to form a base pattern.

On the 30-minute timeframe the price has made some higher low higher high waves.

There was a rejection as price hit the 245.00 area.  

Now a channel has formed it will be interesting to see if it is observed.

250.00 still remains as the main point of resistance to the upside as it is a major psychological level.


Bitcoin Cash Analysis

Additional Levels