- 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.
Additional Levels