- Bitcoin Cash price seen down on Monday by 0.70%, as crypto prices across the board remain stagnant.
- Descending channel pattern can be seen on the 30-minute chart view.
- Supporting demand zone seen tracking from $820-830 for BCH/USD.
BCH/USD 30-minute chart
Spot rate: 840.80
Relative change: – 0.70%
Support 1: 827.10, 16th May low.
Support 2: 820.00, demand area & lower part of channel.
Support 3: 801.00, 13th June low.
Resistance 1: 843.00, upper part of descending channel.
Resistance 2: 846.00,100MA.
Resistance 3: 861.60, (resistance on 30-minute chart).