Bitcoin Cash Analysis: Bulls Eye Recovery To $115

Bitcoin cash is attempting a recovery wave above the $100 resistance against the US Dollar. The price is now trading below the $110 zone and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $105 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $106 and $108 to continue higher in the near term. Bitcoin cash price is consolidating above $100 against the US Dollar, similar to Bitcoin. BCH/USD could start a fresh surge if it clears the $108 level. Bitcoin Cash