Ken Chigbo
Independent Analyst
- Bitcoin Cash on Tuesday late in the session is trading in minor negative, nursing losses of just 0.10%.
- BCH/USD price action breached a near-term ascending trend line, but buyers protect $400 mark.
- The daily chart view can see the price moving within a bullish flag structure.
Spot rate: 417.69
Relative change: -0.10%
High: 428.89
Low: 410.61
BCH/USD 60-minute chart
- 60-minute chart view saw a breakout of a near-term ascending trend line, price caught by buyers at $400 territory.
BCH/USD daily chart
- Price action via the daily continues to move within the confinements of a bullish flag, subject to a potential breakout.
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