Bitcoin Cash Price Technical Analysis – Can BCH/USD Retain Momentum?
Key PointsBitcoin cash price started a decent upside move and traded above the $1,200 resistance against the US Dollar.
There was a partial break above yesterday’s highlighted bearish trend line with resistance at $1,220 on the hourly chart of BCH/USD (data feed from SimpleFX).
The pair is correcting lower, but it is above the $1,200 level and the 100 hourly simple moving average.Bitcoin cash price made a positive move above $1,200 against the US Dollar. BCH/USD must stay above 100 hourly
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