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PRICE ANALYSIS BCH/USD

The BCH/USD is traded in the resistance area 221-222, the nearest strong resistance is in the area of 230, with confident passage above this level the price can test the resistance level around 239-240 USD in the coming trading sessions.
Otherwise, the initial support is at 220 USD and if it passes below this level, the price may retest the support at 215-205 USD and below this level with a rapid reversal northwards.

BCH/USD H1 chart

Day trade range expected minimum : $ 217,50/218 – 224,50/225

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