Ken Chigbo
Independent Analyst
- Bitcoin Cash price on Friday is trading with gains of some 1.95% in the latter part of the session.
- BCH/ USD price action is moving within a bullish flag pattern, subject to a breakout.
- The next major upside target for the bulls is eyed just ahead at $400 territory.
Spot rate: 286.65
Relative change: +1.95%
High: 296.67
Low: 276.19
BCH/USD 60-minute chart
- Price action is moving within a range-block formation seen via the 60-minute chart view.
BCH/USD daily chart
- The price is moving within the confinements of a bull flag structure, subject to a breakout.
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