Bitcoin Cash Price Technical Analysis – BCH/USD Bearish Again

Key PointsBitcoin cash price failed to move past the $1770 resistance and moved down against the US Dollar.
There was a break below a major bullish trend line with support $1680 on the hourly chart of BCH/USD (data feed from Kraken).
The pair is now moving lower and it is likely to extend declines toward the $1550 support area.Bitcoin cash price is struggling to gain traction above $1750 against the US Dollar. BCH/USD is now back in the bearish zone and is currently moving down toward $1550.
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