Ken Chigbo
Independent Analyst
- Bitcoin Cash price in the second half of Tuesday is trading in the green, up some 4.50%.
- BCH/USD price action remains via the daily view despite the gains is stuck within a bearish flag.
- Should the noted structure be capitalized on by the bears, then the price could return to pre-2019 bull run levels.
Spot rate: 343.98
Relative change: -1.30%
High: 341.79
Low: 327.35
BCH/USD daily chart
- Longer-term price action remains within consolidation mode via the daily, moving within a bearish flag.
BCH/USD 60-minute chart
- Price action via the 60-minute chart has broken out to the outside from a bullish flag structure.
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