Bitcoin Cash price in the second half of Monday is trading in the red, down some 0.70%. BCH/USD is stuck within consolidation mode, after the hard selling seen from late June carrier into mid-July. Price action has formed a bearish pennant structure, subject to a potential breakout the downside. Spot rate: 307.98 Relative change: -0.70% High: 215.11 Low: 205.89 BCH/USD 60-minute chart The price is being supported near-term by an ascending trend line, as seen via the 60-minute chart view. BCH/USD daily chart A bearish technical pennant is subject to a potential breakout to the downside. 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 EUR/GBP technical analysis: Euro hits a new 2019 high against Sterling as no-deal Brexit looms FX Street 4 years Bitcoin Cash price in the second half of Monday is trading in the red, down some 0.70%. BCH/USD is stuck within consolidation mode, after the hard selling seen from late June carrier into mid-July. Price action has formed a bearish pennant structure, subject to a potential breakout the downside. Spot rate: 307.98 Relative change: -0.70% High: 215.11 Low: 205.89 … 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.