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  • Bitcoin Cash price losses much momentum on Friday, with losses of over 4.5% in the session.
  • BCH/USD bears make a chunky break to the downside from a rising channel pattern.

 

 

BCH/USD 4-hour chart  


 

Spot rate:                   442.5

Relative change:        -4.51%

High:                            476.2

Low:                            439.2

 

Trend:                         Bearish

 

Support 1:                   442.0, support on 60-minute chart..

Support    2:                  426.0, 11th September low & support area.

Support    3:                  412.8, 12th September low & big reversal.
Resistance 1:             458.1,  supply zone.

Resistance 2:             465.3, underneath broken channel.

Resistance 3:             470.1, 50MA.

 

Expert score

5

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