Bitcoin Cash Technical Analysis: BCH/USD huge gains, no slowdown yet with bullish pennant extension eyed
|- Bitcoin Cash price jumped a healthy 6% in the second half of Tuesday's session.
- BCH/USD briefly started ranging, after the big extension to the upside, with price action forming a bullish pennant pattern.
BCH/USD 15-minute chart
Relative change: +6.45%
High: 451.3
Low: 412.1
Trend: Bullish
Resistance 1: 440.0, upper trend line of pennant.
Resistance 2: 445-446.0, top area of session & area of supply.
Resistance 3: 452.8, 17th September high.
Support 1: 438.6, lower part of pennant.
Support 2: 434.5, support on 15-minute chart.
Support 3: 426.3, lower wick of 16th September low candle.
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