- Bitcoin Cash hurt by losses on Monday of over 3%, but bullish signs linger.
- BCH/USD despite the cooling seen, has formed a bullish pennant pattern.
- Indications of a breakout across the crypto market look promising at this current time for the bulls.
BCH/USD 60-minute chart
Spot rate: 628
Relative change: -3.63%
High: 657.2
Low: 623.0
Trend: Bearish
Support 1: 625.0, lower part of bullish pennant.
Support 2: 603.1, 2nd September low.
Support 3: 590.0, 100MA.
Resistance 1: 632.8, 50MA.
Resistance 2: 637.2, resistance on 60-minute chart.
Resistance 3: 642.0, upper part of pennant.
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