Bitcoin Cash Price Technical Analysis – BCH/USD Rallies Past Key Resistance

Key PointsBitcoin cash price rallied recently and moved above the $1,000 and $1,200 resistances against the US Dollar.
Yesterday’s highlighted major connecting bearish trend line with resistance at $990 was broken on the hourly chart of BCH/USD (data feed from SimpleFX).
The pair traded above the $1,300 level before starting a downside correction.Bitcoin cash price rallied above the $1,200 resistance against the US Dollar. BCH/USD is currently correcting lower, but it remains supported on