25-04-2018 06:08 via newsbtc.com

Bitcoin Cash Price Technical Analysis – Can BCH/USD Hold This?

Key PointsBitcoin cash price started a downside correction and traded towards $1,350 against the US Dollar.
There is a crucial bullish trend line in place with support near $1,360 on the hourly chart of the BCH/USD pair (data feed from Kraken).
The pair must hold the trend line support and $1,350 to remain in a bullish zone in the near term.Bitcoin cash price is correcting lower from $1,575 against the US Dollar. BCH/USD must stay above the $1,350 support to avoid any further declines.
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