- Bitcoin Cash price is trading in the green, up with small gains of 5.95% the session on Monday.
- BCH/USD price action is breaking out from a narrowing range via the daily chart.
- Trading conditions since 24 September have been very narrow, a lack of commitment at present, with the bulls making a breakout.
BCH/USD daily chart
Price action is breaking out from a narrowing range-block formation, which was subject to a breakout south.
BCH/USD 60-minute chart
Heavy supply seen via the 60-minute chart view, running between $234-236, price last faltered here on 1 October.
Spot rate: 223.50
Relative change: +5.90%
High: 235.51
Low: 218.84
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