On the upside, the 50 SMA is limiting gains at $745, but buyers are battling to stay above $740. Bitcoin Cash price is currently a sitting duck waiting for either the sellers or the buyers to attack. Following the overarching declines on Friday last week, Bitcoin Cash staged a recovery over the weekend. The support zone at $680 gave in to selling pressure where Bitcoin Cash price declined further only to find another support above $665 (current demand zone). The bulls entered pushing the price above $700 and even broke past the key resistance at $760 before running into pressure from the sellers. The crypto is forming a brief bullish flag pattern inside the rising wedge pattern that is shaping up on the 15′ timeframe chart. The 50 SMA is offering immediate resistance slightly above $745, but the key intraday resistance lies at $760. BCH/USD must overcome the resistance at this level, to allow the buyers to gain momentum to attack higher levels at $780 and $800 respectively. Bitcoin Cash price is currently a sitting duck waiting for either the sellers or the buyers to attack. The buyers lack the momentum to push the price higher but they are battling to keep the support at $740 and stay away from declines. The short-term bullish trendline is supporting the price at $745 while the 100 SMA will halt declines in the event the Bears influence gains traction below $740. BCH/USD 15′ chart FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next ECB’s Vasiliauskas: Do not see any need for continuing QE beyond December FX Street 5 years On the upside, the 50 SMA is limiting gains at $745, but buyers are battling to stay above $740. Bitcoin Cash price is currently a sitting duck waiting for either the sellers or the buyers to attack. Following the overarching declines on Friday last week, Bitcoin Cash staged a recovery over the weekend. The support zone at $680 gave in to selling pressure where Bitcoin Cash price declined further only to find another support above $665 (current demand zone). The bulls entered pushing the price above $700 and even broke past the key resistance at $760 before running into pressure… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.