Bitcoin Cash Technical Analysis: BCH/USD not out of trouble yet
|- Bitcoin Cash price late in the session on Wednesday is trading in the green by some 1%.
- BCH/USD price is heading for a retest of a breached daily pennant pattern structure.
- The noted retest could see the price having some trouble heading back into the $300 area.
Spot rate: 266.40
Relative change: +0.79%
High: 277.27
Low: 261.45
BCH/USD 60-minute chart
- Near-term price action as seen the 60-minute chart view is moving within a bullish flag structure.
BCH/USD daily chart
- Price action via the daily chart view is heading for a retest of a breached pennant pattern.
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