21-11-2017 05:08 via newsbtc.com

Bitcoin Cash Price Technical Analysis – Can BCH/USD Bounce Back?

Key Points
Bitcoin cash price started a downside correction from the $1380 swing high against the US Dollar.
There is a major bullish trend line forming with support at $1190 on the hourly chart of BCH/USD (data feed from Kraken).
The price remains supported on the downside near the $1200 and $1190 support levels.
Bitcoin cash price recently corrected lower towards $1100 against the US Dollar. BCH/USD needs to move above $1250 for more gains.
Bitcoin Cash Price Support
There was a nice upside mo
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