Bitcoin cash is attempting a recovery wave above the $112 resistance against the US Dollar. The price is now trading above the $114 zone and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $116 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $116 and $118 to start a steady upward movement in the near term. Bitcoin cash price is rising above $114 against the US Dollar, similar to Bitcoin. BCH/USD could start a fresh surge if it clears the $118 level. BitcoinGo to Source
Author: NixCoin