Bitcoin Cash Technical Analysis: BCH/USD bulls lack power in moving barriers out of the way heading into $900 area, last time traded here was 5 weeks ago

• Bitcoin Cash price nursing minor losses on Thursday of 0.30%, as it remains within consolidation mode for now.
• BCH/USD once again failed to knock down barrier heading into the $900 territory, last time traded here was back in June.

BCH/USD 60-minute chart

 

Spot rate:                    829.0

Relative change:        -0.30%

High:                           863.0

Low:                            828.6

Trend:                         Neutral

Support 1:                  829.1, 100MA.

Support 2:                  810.6, ascending trend line.

Support 3:                  772.0, 24th July low.  

Resistance 1:             846.2, 50MA.

Resistance 2:             863.0, today’s (Thursday) high.

Resistance 3:             870.2,  entrance to supply zone.