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  • Bitcoin Cash price is trading in the red, with losses of 0.85% in the second half of the session.
  • BCH/USD has been testing a critical daily support range, $380-70. 
  • Given the pace of downside momentum, eyes are on a retet of the psychological $300 mark. 

 

BCH/USD daily chart

The price is running towards its fourth potential session in the red, as the bears maintain downside pressure. 


 

BCH/USD 60-minute chart

Price action is moving within a bearish flag/pennant structure via the 60-minute chart. 

 

Spot rate:                 404.15

Relative change:     -0.85%

High:                         417.33

Low:                          386.72

 

 

Expert score

5

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