Bitcoin Cash Price Technical Analysis – BCH/USD to Retest $1500

Key Points
Bitcoin cash price made a nice upside move and traded above the $1180 resistance against the US Dollar.
Yesterday’s highlighted major bearish trend line with resistance at $1180-$1200 was broken on the hourly chart of BCH/USD (data feed from Kraken).
The price is now well above $1200 and the 100 hourly simple moving average, which is a positive sign.
Bitcoin cash price gained bullish momentum recently above $1200 against the US Dollar. BCH/USD might continue to move higher towar