- Bitcoin Cash price on Friday seen trading marginally in the red, down some 0.15%.
- BCH/USD bulls rejected again by a 5 session running descending trend line.
- Next key near-term area of support is seen back down within the $440 territory.
BCH/USD 60-minute chart
Spot rate: 444.0
Relative change: -0.15%
High: 450.5
Low: 440.5
Trend: Neutral
Support 1: 443.0, support on 60-minute.
Support 2: 440.0, demand area.
Support 3: 437.7, 18 October low.
Resistance 1: 446.5, 50MA & descending trend line.
Resistance 2: 448.6, 100MA.
Resistance 3: 450.0, resistance on 60-minute.