Bitcoin Cash Price Technical Analysis – BCH/USD Breaks Down

Key Points
Bitcoin cash price broke down and traded below the $1000 handle against the US Dollar.
This week’s highlighted bearish trend line with current resistance at $1050 is in place on the hourly chart of BCH/USD (data feed from Kraken).
The price is currently recovering but it will most likely face sellers near $1050 and $1100.
Bitcoin cash price traded lower sharply below $1000 against the US Dollar. BCH/USD is now under pressure and remains sell on rallies.
Bitcoin Cash Price Resist