Home Bitcoin Cash  Technical  Analysis: BCH/USD is the big out performer gaining 9%, but falling short ahead of $900
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Bitcoin Cash  Technical  Analysis: BCH/USD is the big out performer gaining 9%, but falling short ahead of $900

  • BCH/USD fell short ahead of the $800 mark, not seen since the 4th July.  
  • Bitcoin Cash produces decent gains on Monday, jumping over 9%.

 

BCH/USD 60-minute chart

 

 

Spot rate:                                     785.1

Relative change:               +8.46%

High:                                                   790.0

Low:                                                      716.2

 

Trend:                                                 Bullish

 

Resistance  1:             790.00, today’s (Monday) high.  

Resistance 2:              800.00,  psychological  resistance.  

Resistance 3:                        811.30, 4th July high.

Support 1:                   774.50, (support on 60-minute chart).  

Support 2:                                    765.10, demand zone.  

Support 3:                   760.70,  (support on 60-minute chart).  

 

 

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