- Bitcoin Cash price on Tuesday in the second part of the session is trading firmly in the red down some 2.30%.
- The daily time frame shows the price has extended to the downside, after a key trend line break.
- BCH/USD price action via the 60-minute chart view is moving within a bearish pennant pattern, subject to a potential breakout south.
Spot rate: 104.96
Relative change: -0.90%
High: 402.12
Low: 375.53
BCH/USD 60-minute chart
- Price action via the 60-minute is moving within a bearish pennant formation, subject to further potential downside.
BCH/USD daily chart
- Bitcoin Cash bears force an extension to the downside from a key daily ascending trend line.
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