Bitcoin Cash Price Analysis: BCH/USD is vulnerable trading below a critically breached trend line
|- Bitcoin Cash price is trading in the red, with losses of 1.25% in the second half of the session.
- BCH/USD has done little over the last three sessions, next committed move pending.
- Critical daily support should be noted at $375, this week’s current low.
BCH/USD daily chart
An ascending trend line has been supporting the price since the commencing of February.
BCH/USD 60-minute chart
Price action is moving within a rising wedge structure via the 60-minute chart view.
Spot rate: 404.15
Relative change: -1.25%
High: 424.82
Low: 408.02
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