Bitcoin cash price started a major decline below the $400 support zone. BCH price even declined below the $380 support and the 55 simple moving average (4-hours). A low was formed near $348, and the price started a fresh increase. There was a break above the $375 and $380 levels. The pair cleared the 23.6% Fib retracement level of the downward move from the $452 swing high to $348 low.Besides, there was a break above a major bearish trend line with resistance near $380 the 4-hours chart of the BCH/USD pair. The pair is now trading near $385 level and the 55 simple moving average (4-hours). An immediate hurdle on the ... (full story)