- 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.