Bitcoin Cash Price Technical Analysis – BCH/USD Preparing for Break

Key PointsBitcoin cash price is preparing for the next move with support on the downside at $2300 against the US Dollar.
There is a crucial bearish trend line forming with current resistance at $2400 on the hourly chart of BCH/USD (data feed from Kraken).
The pair might soon make the next move either above $2400 or below $2300 in the near term.Bitcoin cash price is consolidating above $2200-2300 against the US Dollar. BCH/USD may soon break higher above the $2400 resistance for more gains.
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