- Bitcoin Cash price in the latter stages of trading on Tuesday is trading in the red by some 1.20%.
- BCH/USD is struggling with a big supply area seen at $350-360 price area.
- Price action is moving within an ascending wedge structure, subject to a potential breakout south.
Spot rate: 342.83
Relative change: -1.20%
High: 355.36
Low: 338.46
BCH/USD 60-minute chart
- Price action near-term is being supported by an ascending trend line via the 60-minute.
BCH/USD daily chart
- Price action via the daily chart view is moving within an ascending wedge structure, subject to a potential breakout south.