Search ForexCrunch
  • Bitcoin Cash price was hit hard late on Monday, nursing chunky losses of some 6.5%,
  • A big rejection was seen for BCH/USD at the upper part of a triangular pattern formation.  

 

BCH/USD 4-hour chart  


 

Spot rate:                   421.5

Relative change:        -6.45%

High:                            463.4

Low:                            416.1

 

Trend:                         Bearish

 

Support 1:                   416.0, lower part of triangular pattern & demand zone.  

Support    2:                  410.2, 12th September low.

Support    3:                  400.0, psychological support handle.

Resistance 1:             450.0,  50MA (4-hour).

Resistance 2:             456.5, upper part of triangle.  

Resistance 3:             475.6, 14th September top area.

Expert score

5

Etoro - Best For Beginner & Experts

  • 0% Commission and No stamp Duty
  • Regulated by US,UK & International Stock
  • Copy Successfull Traders
Your capital is at risk.