Bitcoin Cash Technical Analysis: BCH/USD must breakdown $165-175 to fly

FX Street

Updated: 25 Mar. 2019 | 22:52

Bitcoin Cash price late in the session on Monday was trading firmly in the red, down some 3.45%.
BCH/USD is prevented from greater upside by heavy sellers camped from $165 up to $175 range.

Spot rate: 157.61

Relative change: -3.45%

High: 164.65

Low: 153.70

Trend: Bearish

BCH/USD 60-minute chart

Near-term hourly demand keeping the price propped up from $155-152 range.

BCH/USD daily chart

Sellers are preventing progress for the bulls, camped from $165 up to $175.

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