Bitcoin Cash Price Technical Analysis – BCH/USD Turned Bearish?

Key Points
Bitcoin cash price is declining and is currently trading below $1500 against the US Dollar.
There is a major bearish trend line forming with resistance at $1400 on the hourly chart of BCH/USD (data feed from Kraken).
The price remains in the bearish zone as long as there is no break of the $1500 resistance.
Bitcoin cash price is now trading below $1500 against the US Dollar. BCH/USD is under pressure and might test the $1050 support in the short term.
Bitcoin Cash Price Resistance
Yes