Bitcoin Cash technical analysis: BCH/USD vulnerabilities remain tilted to the downside with bear flag intact
|- Bitcoin Cash price is trading in the red, up with losses of 1.25% the session on Tuesday.
- BCH/USD bulls failed to sustain upside momentum, as price sucks back within the bearish flag structure.
- Rallies continue to be unsustainable, as bears sweep in to sell them.
BCH/USD daily chart
Price action remains vulnerable to downside risks within the bearish flag structure.
BCH/USD 60-minute chart
Bears regain control with the price subject to giving back Monday's gains.
Spot rate: 223.50
Relative change: -1.25%
High: 239.56
Low: 229.27
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