Bitcoin Cash Price Technical Analysis – BCH/USD Downtrend Intact

Key Points
Bitcoin cash price remained under pressure and moved below the $1200 support against the US Dollar.
There are two main bearish trend lines forming with resistance at $1250 and $1430 on the hourly chart of BCH/USD (data feed from Kraken).
The price might move a few points higher, but it remains in downtrend as long as it is below $1400.
Bitcoin cash price struggled further below $1200 against the US Dollar. BCH/USD remains in a downtrend and it might continue to face sellers.
Bitcoin C