- Bitcoin Cash price nursing deep losses on Tuesday, trading down over 6%.
- BCH/USD moving within a very steep descending channel to the south.
- Bears looking to really go in for the kill with the price below $100.
BCH/USD 60-minute chart
Spot rate: 94.61
Relative change: -6.77%
High: 101.60
Low: 92.33
Trend: Bearish
Support 1: 92.40, lower support of channel.
Support 2: 90.00, psychological support.
Support 3: 88.70, daily pivot point support.
Resistance 1: 97.50, upper part of channel.
Resistance 2: 106.80, daily pivot point resistance.
Resistance 3: 112.02, daily pivot point resistance.
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