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  • Bitcoin Cash price on Thursday jumped a chunky 5% in the session.
  • BCH/USD is currently moving within an ascending channel pattern, on its path to recovery.

 

 

BCH/USD 60-minute chart  


 

Spot rate:                   454.5

Relative change:        +5.05%

High:                           462.2

Low:                            431.0

 

Trend:                         Bullish

 

Resistance 1:             460.0,  supply zone.

Resistance 2:             468.4, upper part of rising channel.

Resistance 3:             475.0,  resistance on 60-minute chart.

Support 1:                   447.3, lower part of channel.

Support    2:                  433,1, 50MA.

Support    3:                  412.8, 12th September low.

 

Expert score

5

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