Key Points
●Bitcoin cash price is in a major uptrend from the $650 swing low against the US Dollar.
There is a crucial bullish trend line forming with support near $1,090 on the 4-hours chart of the BCH/USD pair (data feed from Kraken).
●The pair remains well supported on the downside and it could even break $1,200 in the near term.
●Bitcoin cash price is gaining traction above $1,000 against the US Dollar. BCH/USD may perhaps extend gains above the $1,200 level if buyers remain in control.
●Major Support Level – $1,090
●Major Resistance Level – $1,200
Chart
BCH/USD The bullish move coming... We have new target at 2650$. Good luck!
