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  • Bitcoin Cash price in the late part of Monday is trading in the green, up some 1.20%.  
  • BCH/USD price action is retesting a breached flag pattern formation seen via the daily.
  • A rejection could be harmful should the bulls fail to break back above.  

 

Spot rate:                  32.31

Relative change:       +1.20%

High:                         329.27

Low:                          312.65

 

BCH/USD daily chart

  • Longer-term price action remains within consolidation mode via the daily, moving within a bearish flag.  

BCH/USD 15-minute chart

  • Price action via the 15-minute chart view is supported by an ascending trend line.