Bitcoin Cash Price Analysis: BCH/USD bulls making the critical challenge of last week’s high area
|- Bitcoin Cash price is trading in the green, with gains of 2.85% in the second half of the session.
- BCH/USD is attempting to break down supply, $360-380 range.
- The bulls are on course for three consecutive sessions in the green.
BCH/USD daily chart
Last week’s high area is in sight, proving to be a region of resistance. A break down would provide room for further upside pressure.
BCH/USD 60-minute chart
Near-term price action is moving within a narrowing pennant structure, subject to a potential breakout north.
Spot rate: 368.09
Relative change: +1.30%
High: 384.65
Low: 361.51
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