Ken Chigbo
Independent Analyst
- Bitcoin Cash price on Monday is trading in very minor positive, gains of just some 0.25%.
- BCH/USD via the daily is moving within a bullish flag structure, which is seen with some of its peers across the board.
- Vital upside resistance is seen at $300, a break above could open the doors to greater upside.
Spot rate: 291.00
Relative change: +0.25%
High: 293.48
Low: 273.05
BCH/USD 60-minute chart
- Near-term price action via the 60-minute chart view has broken out from a triangular structure, which had been containing the price.
BCH/USD daily chart
- Price action via the daily is moving within a bullish flag structure, eyes on an imminent potential breakout.
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