Bitcoin Cash technical analysis: BCH/USD price action continues to point at vulnerabilities
|- Bitcoin Cash price in the second half of the day on Wednesday is trading in the red down just some 0.11%.
- BCH/USD price action remains within consolidation mode, within a rising wedge structure.
- Given current price behaviour, there are still somewhat vulnerabilities to the downside.
Spot rate: 335.00
Relative change: -0.10%
High: 346.46
Low: 330.09
BCH/USD 60-minute chart
- Critical near-term demand zone preventing the price from a free-fall, seen at $330.
BCH/USD daily chart
- Price action is moving within a rising wedge structure, remaining subject to potential downside.
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