- BCH/USD sees bears pile in, after entering chunky touted supply area, heading into $650 territory.
- Poloniex announces pre-fork trading for Bitcoin Cash split, however deposit and withdraws relating to, cannot be done until after successful fork has taken place.
- Next major area of interest to the downside, seen at the psychological $500 mark.
BCH/USD daily chart
Spot rate: 593.1
Relative change: -1.80%
High: 606.4
Low: 584.0
Trend: Bearish
Support 1: 591.2, lower support of channel.
Support 2: 587.1, daily pivot point support.
Support 3: 565.8, daily pivot point support.
Resistance 1: 611.8, upper part of channel.
Resistance 2: 626.1, resistance 60-minute.
Resistance 3: 645.0, supply area.
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