Bitcoin Cash price into the late on Wednesday is nursing losses of some 3%. BCH/USD bears are testing a critical near-term ascending trend line of support to the downside. Spot rate: 127.82 Relative change: -3.02% High: 133.32 Low: 125.89 Trend: Bearish Trends: Daily SMA20: 129.8056 Daily SMA50: 128.6577 Daily SMA100: 147.353 Daily SMA200: 326.4031 Levels: Previous Daily High: 136.9153 Previous Daily Low: 130.032 Previous Weekly High: 150.0785 Previous Weekly Low: 119.129 Previous Monthly High: 174.9558 Previous Monthly Low: 104.8742 Daily Fibonacci 38.2%: 132.6614 Daily Fibonacci 61.8%: 134.2859 Daily Pivot Point S1: 128.8055 Daily Pivot Point S2: 125.9771 Daily Pivot Point S3: 121.9222 Daily Pivot Point R1: 135.6888 Daily Pivot Point R2: 139.7437 Daily Pivot Point R3: 142.5721 BCH/USD 60-minute chart A near-term supporting trend line has been breached via the 60-minute view, inviting a wave of selling. BCH/USD daily chart A near-term ascending trend line that has been in play since the back end of January is under threat. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next NZD/USD looks to snap 4-day winning streak, trades below 0.6850 FX Street 4 years Bitcoin Cash price into the late on Wednesday is nursing losses of some 3%. BCH/USD bears are testing a critical near-term ascending trend line of support to the downside. Spot rate: 127.82 Relative change: -3.02% High: 133.32 Low: 125.89 Trend: Bearish Trends: Daily SMA20: 129.8056 Daily SMA50:… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.