Bitcoin Cash Technical Analysis: BCH/USD being provided with another attempt north within supportive channel
- Bitcoin Cash price seen up just shy of 1% on Thursday, inline with the green seen across the market.
- BCH/USD is currently supported to the upside within an ascending channel pattern.
BCH/USD 30-minute chart
Spot rate: 521.5
Relative change: +0.90%
Resistance 1: 523.1, 100MA (60-minute).
Resistance 2: 533.2, upper part of ascending channel.
Resistance 3: 542.5, supply zone.
Support 1: 520.5, lower trend line of channel.
Support 2: 513.0, support on 60-minute chart.
Support 3: 506.0, demand zone.