- Bitcoin Cash price is trading in the green, with gains of 1.50% in the second half of the session.
- BCH/USD price action remains narrow following the bulls pushing above a pennant.
- There is still much supply within the region of $225-50 that the bulls will need to break down.
BCH/USD daily chart
Conditions via the daily have offered little in terms of direction. The price is capped to the upside at $230, to the downside at $200.
BCH/USD 60-minute chart
A range block is containing price action at present, the next breakout could be trend defining for the near-term.
Spot rate: 223.88
Relative change: +1.30%
|Today last price||223.8576|
|Today Daily Change||2.8439|
|Today Daily Change %||1.29|
|Today daily open||221.0137|
|Previous Daily High||231.089|
|Previous Daily Low||213.4717|
|Previous Weekly High||245.8036|
|Previous Weekly Low||147.0667|
|Previous Monthly High||496.9345|
|Previous Monthly Low||299.0373|
|Daily Fibonacci 38.2%||220.2015|
|Daily Fibonacci 61.8%||224.3592|
|Daily Pivot Point S1||212.6273|
|Daily Pivot Point S2||204.2409|
|Daily Pivot Point S3||195.01|
|Daily Pivot Point R1||230.2445|
|Daily Pivot Point R2||239.4754|
|Daily Pivot Point R3||247.8618|
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