Bitcoin Cash Technical Analysis: BCH/USD takes deep breath of oxygen ahead of another potential rocket launch towards the space of recovery
|- Bitcoin Cash was seen up over 1% on Wednesday, as the price takes a deep breath before another move towards space.
- BCH/USD behavior is similar to what was seen between 16-17th July, before the chunky bull run.
BCH/USD 60-minute chart
Spot rate: 861.8
Relative change: +1.06%.
High: 889.9.
Low: 852.7.
Trend: Neutral/Bullish.
Resistance 1: 875.2, (resistance on 60-minute chart).
Resistance 2: 889.9, today's (Wednesday) low.
Resistance 3: 900.0, supply zone.
Support 1: 855.4, 50MA & (support on 60-minute chart).
Support 2: 840.6, 13th (support on 60-minute chart).
Support 3: 825.4, 100MA.
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