- Bitcoin Cash price in the second half of Monday is trading deeply in the red by some 4%.
- BCH/USD price has been testing a vital daily ascending trend line of support to the downside.
- Should the noted support fail to hold, a drop totally erasing the gains for main could be seen, back into $200 territory.
Spot rate: 422.88
Relative change: -3.10%
High: 447.00
Low: 416.89
BCH/USD 60-minute chart
- Price action is moving within a narrowing triangular structure, also perceived to be a bearish pennant.
BCH/USD daily chart
- Bitcoin Cash bears are testing a critical trend line of support to the downside, via the daily chart view.
Share
