- Bitcoin Cash was holding some minor gains in the latter stages of trading on Tuesday.
- There is still the threat from another wave of selling pressure, after the initial bounce earlier in the session.
- BCH/USD heading back towards a vital demand area, which could see $400 at danger of being breached.
BCH/USD 4-hour chart
Spot rate: 418.7
Relative change: +0.21%
High: 443.0
Low: 414.2
Trend: Neutral
Resistance: 440.5, weekly low & 50MA (4-hour).
Resistance: 445.2, underneath breached pennant.
Resistance: 453.8, daily pivot point resistance.
Support 1: 415.0, demand zone.
Support 2: 407.0, daily pivot point support.
Support 3: 396.2, daily pivot point support.