Bitcoin Cash Price Technical Analysis – BCH/USD Corrects Sharply From $2600

Key Points
Bitcoin cash price surged above the $2000 level against the US Dollar before starting a sharp downside correction.
There is a monster bullish trend line forming with current support at $1300 on the hourly chart of BCH/USD (data feed from Kraken).
The price is now consolidating in a range above the $1300 level and with resistance at $1750.
Bitcoin cash price rocketed as high as $2600 against the US Dollar. BCH/USD is now correcting lower and remains well below $2000.
Bitcoin Cash Price