Bitcoin Cash technical analysis: BCH/USD trading at a make or break trend line
- Bitcoin Cash in the latter part of Friday is holding very minor gains of some 0.35%.
- BCH/USD price action is flirting with a big ascending trend line of support.
- To the upside it is very much capped by some chunky supply running from $460-480.

Spot rate: 401.96
Relative change: +0.35%
High: 410.58
Low: 390.72
BCH/USD 60-minute chart
- Price action via the 60-minute chart view is moving within a narrowing range-block formation.
BCH/USD daily chart
- The price via the daily chart view continues to flirt with a critical ascending trend line of support.
Author

Ken Chigbo
Independent Analyst
Ken has over 8 years exposure to the financial markets. He started his career as an analyst, covering a variety of asset classes; forex, fixed income, commodities and equities.




