Bitcoin Cash technical analysis: BCH/USD subject to a potential explosive breakout
|- Bitcoin Cash price is trading in the green, with gains of 0.35% in the second half of the session.
- BCH/USD the price behaviour and technical structure suggest further moves south.
- The price has done little since 23 November, a lack of committed direction.
BCH/USD weekly chart
Price action via the weekly is trading just above a breached flag structure, moving within consolidation mode.
BCH/USD daily chart
The price within the daily view is narrowing, a range to the low of $200 to the high up at $225.
Spot rate: 211.49
Relative change: +0.30 %
High: 213.97
Low: 211.70
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