Bitcoin Cash Price Technical Analysis – BCH/USD is In Uptrend

Key Points
Bitcoin cash price is slowly moving in an uptrend above the $1550 level against the US Dollar.
This is a crucial ascending channel forming with support at $1550 on the hourly chart of BCH/USD (data feed from Kraken).
The pair might continue to move higher and it could even break the $1680 resistance in the near term.
Bitcoin cash price is moving nicely towards $1800 against the US Dollar. BCH/USD is in an uptrend and remains well supported above the $1500 level.
Bitcoin Cash Price Tre