Bitcoin Cash Price Weekly Analysis – BCH/USD Reaching Breakout

Key Points
Bitcoin cash price corrected lower, but remains supported above $1200 against the US Dollar.
There is a major contracting triangle forming with resistance at $1480 on the 4-hours chart of BCH/USD (data feed from Kraken).
The pair might soon break the triangle resistance and trade above $1500 in the near term.
Bitcoin cash price is in an uptrend above $1200 against the US Dollar. BCH/USD might soon break $1500 for more gains toward $1800.
Bitcoin Cash Price Resistance
There was a slow