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  • Bitcoin Cash price on Monday is trading in very minor positive, gains of just some 0.25%.
  • BCH/USD via the daily is moving within a bullish flag structure, which is seen with some of its peers across the board.  
  • Vital upside resistance is seen at $300, a break above could open the doors to greater upside.  

 

Spot rate:                  291.00

Relative change:       +0.25%

High:                          293.48

Low:                           273.05

BCH/USD 60-minute chart

  • Near-term price action via the 60-minute chart view has broken out from a triangular structure, which had been containing the price.  

BCH/USD daily chart

  • Price action via the daily is moving within a bullish flag structure, eyes on an imminent potential breakout.