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  • Bitcoin Cash price was hit hard again on Tuesday, trading downheavily some 6% in the latter part of the session.
  • BCH/USD managed to find support around a huge area seen at $423.
  • Bitcoin Cash managed to bottom within a significant consolidation zone, where the price was last week before the large rally higher.  

 

BCH/USD 60-minute chart  

 

Spot rate:                    435.9

Relative change:        -5.79%

High:                           462.9

Low:                            423.7

 

Trend:                         Bearish

 

Support 1:                  423.0, session low area & key consolidation territory.

Support 2:                    408.5, 17th & 19th September low.

Support 3:                  400.0, psychological support.

Resistance 1:               439.3,  resistance on 60-minute chart.

Resistance 2:               450.0, supply area.

Resistance 3:                463.3,   top area 15/16/17 September.