Bitcoin Cash Price Weekly Analysis – BCH/USD Preparing for Break

Key PointsBitcoin cash price is mostly trading in a range above the $2350 support against the US Dollar.
There is a major contracting triangle forming with resistance at $2800 on the 4-hours chart of BCH/USD (data feed from Kraken).
The pair has to move either above $2800 or break the $2350 support for the next move.Bitcoin cash price is preparing for the next break above $2800 against the US Dollar. BCH/USD has a good support on the downside at $2350.
Bitcoin Cash Price Support
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