Bitcoin Cash technical analysis: BCH/USD trading conditions are becoming very narrow, a breakout is nearing
|- Bitcoin Cash price on Wednesday is trading in negative territory by 0.25%.
- BCH/USD price action has done little over the past two weeks, narrowing.
- Price action is moving within a bearish flag structure, subject to downside risks.
Spot rate: 307.27
Relative change: -0.50%
High: 309.27
Low: 304.58
BCH/USD daily chart
- The price is moving within a daily bearish flag formation, as it continues to consolidate.
BCH/USD 60-minute chart
- Price action is narrowing within a triangular structure, a breakout is nearing.
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