Bitcoin cash price has formed a support base around the $1700 level against the US Dollar.
There was a break above a crucial bearish trend line with resistance at $1630.
Bitcoin cash price is holding the $1700 support against the US Dollar. BCH/$$$ needs to gain momentum above $1800-$1900 to recover further in the near term. On the downside, the $1480-1500 support area holds a lot of importance. A break and close below $1480 could ignite further declines toward $1200.