Bitcoin Cash Price Technical Analysis – BCH/USD Holding on to Gains

Key PointsBitcoin cash price recovered well from the $1340 low to well above $1700 against the US Dollar.
However, this week’s highlighted crucial bearish trend line with current resistance at $1900 is preventing gains on the hourly chart of BCH/USD (data feed from Kraken).
The pair needs to overcome selling pressure around the $1900 and $2000 levels to gain momentum.Bitcoin cash price has moved into the positive zone above $1700 against the US Dollar. BCH/USD now has to move past $2000 fo