- Bitcoin Cash down over 3.5% on Tuesday, with current price behaviour looking appetizing for the market bears.
- The BCH/USD price action is reminiscent to the moves seen prior to the drop on Sunday 24th June.
BCH/USD 30-minute chart
Spot rate: 726.9
Relative change: -3.70%
High: 758.1
Low: 716.5
Trend: Bearish
Support 1: 716.5, today’s (Tuesday) low.
Support 2: 661.9, 24th June low.
Support 3: 656.0, (support on 30-minute chart).
Resistance 1: 746.5, 50 & 100MA.
Resistance 2: 765.0, (resistance on 30-minute chart).
Resistance 3: 780.0, 50% Fibonacci.