- Bitcoin Cash price trading in negative territory on Wednesday, down over 2% in the session.
- BCH/USD price continues to move within a bullish pennant pattern.
BCH/USD 4-hour chart
Spot rate: 516.5
Relative change: -2.98%
High: 534.0
Low: 507.0
Trend: Bearish
Support 1: 515.2, lower part of pennant pattern.
Support 2: 506.9, demand area.
Support 3: 470.5, support on 4-hour chart.
Resistance 1: 537.3, upper part of pennant pattern.
Resistance 2: 552.4, resistance on 4-hour chart.
Resistance 3: 578.0, supply area.