Search ForexCrunch
  • Bitcoin Cash was down some 4% in the latter stages of trading on Wednesday, after a solid session on Tuesday.  
  • BCH/USD managed to find some footing at the lows of the session, $818.5, where a bullish pin bar formed.  
  • After launching an investigation in December, due to speculation its employees has engaged in improper trading related to Bitcoin Cash, no wrongdoing was found, according to news wire Fortune.  

BCH/USD 15-minute chart


Spot rate:                  835.0

Relative change:        -4.00%

High:                          879.5

Low:                           818.5


Trend:                         Bearish


Support 1:                 825.0, demand zone.

Support 2:                  818.5, today’s (Wednesday) low.  

Support 3:                 810.4, (support on 15-minute chart).

Resistance 1:             844.7,  50MA.

Resistance 2:             852.3, 100MA.

Resistance 3:            864.1, (resistance on 15-minute chart).