Bitcoin Cash price on Friday is on the back foot, down in negative territory by some -2.5% in the second half of the session. BCH/USD price action is moving within a bullish pennant pattern formation. Next major target for the bulls will be for a return up to the $400 price territory. Spot rate: 299.13 Relative change: -2.50% High: 306.61 Low: 290.14 BCH/USD 60-minute chart Price action is narrowing, chunky demand protecting the price at $290, resistance to the upside capped by a descending trend line, $300-305. BCH/USD daily chart Price action consolidating within a bullish pennant pattern formation, subject to a breakout higher. 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 Ethereum Technical Analysis: ETH/USD subject to a breakout from its narrowing form FX Street 4 years Bitcoin Cash price on Friday is on the back foot, down in negative territory by some -2.5% in the second half of the session. BCH/USD price action is moving within a bullish pennant pattern formation. Next major target for the bulls will be for a return up to the $400 price territory. Spot rate: 299.13 Relative change: -2.50% High: 306.61 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.