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  • Bitcoin Cash price seen up just shy of 1% on Thursday, inline with the green seen across the market.  
  • BCH/USD is currently supported to the upside within an ascending channel pattern.  

 

BCH/USD 30-minute chart  


 
 

Spot rate:                   521.5

Relative change:       +0.90%

High:                          533.2

Low:                           516.2

 

Trend:                        Bullish.

 

Resistance  1:             523.1,  100MA (60-minute).  

Resistance  2:             533.2, upper part of ascending channel.

Resistance  3:             542.5, supply zone.

Support 1:                  520.5, lower trend line of channel.

Support 2:                  513.0, support on 60-minute chart.

Support 3:                  506.0, demand zone.