Bitcoin Cash price is trading in the red, up with losses of 3.25% the session on Thursday. BCH/USD bulls managed to break free from a bearish pennant structure and is at present seeing a retest. The price must hold the retest or be forced back within the narrow range and be subject to further downside pressure. BCH/USD daily chart There is plenty of room for the price to push firmly back within the $300 territory, given the recent pennant breakout. BCH/USD 60-minute chart A critical ascending trend line of support is tracking at $230-228, it could also be a potential head and shoulders structure. Spot rate: 238.74 Relative change: -3.25% High: 240.30 Low: 229.35 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 Forex News Today: Daily Trading News share Read Next Coinbase is launching a mobile app for its advanced users FX Street 4 years Bitcoin Cash price is trading in the red, up with losses of 3.25% the session on Thursday. BCH/USD bulls managed to break free from a bearish pennant structure and is at present seeing a retest. The price must hold the retest or be forced back within the narrow range and be subject to further downside pressure. BCH/USD daily chart There is plenty of room for the price to push firmly back within the $300 territory, given the recent pennant breakout. BCH/USD 60-minute chart A critical ascending trend line of support is tracking at $230-228, it could… 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.
