BCH/USD: Bulls rally back as the market forms a bearish flag

• BCH/USD bulls rally back to push the market past the $112 resistance level.
• BCH/USD forms a bearish flag in the 4-hour chart.  

BCH/USD daily chart

• BCH/USD bulls look to break past resistance at $112.
• BCH/USD looks to creep back inside the 20-day Bollinger band.

BCH/USD 4-hour chart

• BCH/USD forms a bearish flag as bulls look to break past $112 resistance.

BCH/USD hourly chart

• BCH-USD bulls form an upward trending line as the market tries to break past $112.

BCH/USD key levels

• Resistance 3:   $118.1979
• Resistance 2:   $115.0290
• Resistance 1:   $111.9966
• Pivot Point:   $108.8277
• Support 1: $105.7953
• Support 2: $102.6264
• Support 3: $99.5940