- Bitcoin Cash price is trading in the red, with losses of % in the second half of the session.
- BCH/USD is running towards its third consecutive session in the red, as bulls give up control.
- Key near-term daily support eyed at the range of $235-230.
BCH/USD daily chart
Should the noted daily support fail to hold, then a fast return down to $200 could be seen.
BCH/USD 60-minute chart
Price action via the 60-minute chart view has formed a head and shoulders structure, with the neckline being tested, seen $235-230 range.
Spot rate: 242.82
Relative change: -0.70%
High: 243.77
Low: 233.70
Share
