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  • Bitcoin Cash on Tuesday is trading firmly in the green, decent gains of some 4.90%
  • BCH/USD near-term produces a double-top via the 60-minute view.
  • Daily price action is stuck within a narrowing pennant structure.

Spot rate:                   319.99

Relative change:       +4.90%

High:                          324.81

Low:                           302.11


BCH/USD 60-minute chart

  • Price action formed a double top via the 60-minute chart view. Neckline support area seen back down at around $300.  

BCH/USD daily chart

  • A daily pennant structure continues to contain the price action, subject to an imminent breakout.