Bitcoin Cash Technical  Analysis: BCH/USD takes deep breath of oxygen ahead of another potential  rocket launch towards the space of recovery

• Bitcoin Cash was seen up over 1% on Wednesday, as the price takes a deep breath before another move towards space.
• BCH/USD  behavior  is similar to what was seen between 16-17th July, before the chunky bull run.  

BCH/USD 60-minute chart

Spot rate:                                    861.8

Relative change:         +1.06%.

High:                           889.9.

Low:                            852.7.

Trend:                          Neutral/Bullish.

Resistance  1:              875.2,  (resistance on 60-minute chart).

Resistance 2:              889.9,  today’s (Wednesday) low.  

Resistance 3:              900.0, supply zone.  

Support 1:                  855.4, 50MA &  (support on 60-minute chart).    

Support 2:                  840.6, 13th (support on 60-minute chart).

Support 3:                  825.4, 100MA.