Bitcoin Cash price was seen licking its wounds in the latter stages of trading on Friday, down over 5%. BCH/USD is forced to seek support on a near-term ascending trend line, in order to protect $500 mark. Bitcoin Cash saw a chunky rally in the back end of Thursday, after reports Bitmain is to IPO. BCH/USD 60-minute chart Spot rate: 535.6 Relative change: -5.17% High: 577.0 Low: 531.1 Trend: Bearish Support 1: 534.50, ascending trend line. Support 2: 516.75, demand zone. Support 3: 500.00, pyscological support. Resistance 1: 561.00, upper part of pennant pattern. Resistance 2: 570.50 ,supply area. Resistance 3: 589.75, 27th September high. 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 USD/CHF Technical Analysis: USD/CHF bulls breaking above 0.9800 figure FX Street 4 years Bitcoin Cash price was seen licking its wounds in the latter stages of trading on Friday, down over 5%. BCH/USD is forced to seek support on a near-term ascending trend line, in order to protect $500 mark. Bitcoin Cash saw a chunky rally in the back end of Thursday, after reports Bitmain is to IPO. BCH/USD 60-minute chart Spot rate: 535.6 Relative change: -5.17% High: 577.0 Low: … 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.