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  • Bitcoin Cash price on Friday seen trading marginally in the red, down some 0.15%.
  • BCH/USD bulls rejected again by a 5 session running descending trend line.  
  • Next key near-term area of support is seen back down within the $440 territory.

 

BCH/USD 60-minute  chart  


 

Spot rate:                   444.0

Relative change:       -0.15%

High:                          450.5

Low:                           440.5

 

Trend:                        Neutral

 

Support 1:                  443.0, support on 60-minute.  

Support  2:                  440.0, demand area.

Support  3:                  437.7, 18 October low.

Resistance  1:             446.5, 50MA & descending trend line.

Resistance  2:             448.6, 100MA.

Resistance  3:             450.0, resistance on 60-minute.