Search ForexCrunch
  • Bitcoin Cash price jumped a healthy 6% in the second half of Tuesday’s session.  
  • BCH/USD briefly started ranging, after the big extension to the upside, with price action forming a bullish pennant pattern.  

 

 

BCH/USD 15-minute chart  


 

Spot rate:                    443.6

Relative change:        +6.45%

High:                           451.3

Low:                            412.1

 

Trend:                         Bullish

 

Resistance 1:              440.0, upper trend line of pennant.

Resistance 2:             445-446.0,  top area of session & area of supply.  

Resistance 3:             452.8, 17th September high.

Support 1:                  438.6, lower part of pennant.  

Support    2:                 434.5,  support on 15-minute chart.

Support    3:                 426.3, lower wick of 16th September low candle.

 

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.