Bitcoin Cash Price Technical Analysis – BCH/USD Reverses Gains

Key Points
Bitcoin cash price has started a new downside wave and it currently below $1450 against the US Dollar.
There was a break below a key bullish trend line with support at $1480 on the hourly chart of BCH/USD (data feed from Kraken).
The price might continue to decline and it could even test the $1380 and $1360 support levels.
Bitcoin cash price is currently under pressure below $1500 against the US Dollar. BCH/USD might extend losses towards the $1360 level.
Bitcoin Cash Price Resistance