Bitcoin Cash price is seen nursing steep losses of some 5% in the latter part of Monday’s session BCH/USD price breached a key daily ascending trend line of support, seeing a further wave of pressure continue south. BCH/USD 15-minute chart The price is moving within a narrowing range formation, making up a bearish flag pattern. Spot rate: 122.85 Relative change: -5.02% High: 129.70 Low: 120.52 Trend: Bearish Trends: Daily SMA20: 131.4992 Daily SMA50: 126.2192 Daily SMA100: 138.5064 Daily SMA200: 315.1472 Levels: Previous Daily High: 131.0717 Previous Daily Low: 128.0378 Previous Weekly High: 156.9334 Previous Weekly Low: 125.1897 Previous Monthly High: 156.9334 Previous Monthly Low: 109.9144 Daily Fibonacci 38.2%: 129.1967 Daily Fibonacci 61.8%: 129.9127 Daily Pivot Point S1: 127.5553 Daily Pivot Point S2: 126.2796 Daily Pivot Point S3: 124.5214 Daily Pivot Point R1: 130.5893 Daily Pivot Point R2: 132.3475 Daily Pivot Point R3: 133.6233 BCH/USD 60-minute chart Price action is moving within a near-term bearish flag formation via the 60-minute, subject to further potential downside. BCH/USD daily chart A key trend line break was seen via the daily, further downside pressure flowing. 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 AUD/JPY: Bears in control below 1HR Ichimoku Cloud, 23.6% Fibo and short-term trend line support FX Street 4 years Bitcoin Cash price is seen nursing steep losses of some 5% in the latter part of Monday's session BCH/USD price breached a key daily ascending trend line of support, seeing a further wave of pressure continue south. BCH/USD 15-minute chart The price is moving within a narrowing range formation, making up a bearish flag pattern. Spot rate: 122.85 Relative change: -5.02% High: 129.70 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.
