Bitcoin Cash Technical Analysis: BCH/USD subject to a breakout from a bull flag

• Bitcoin Cash price on Friday is trading with gains of some 1.95% in the latter part of the session.
• BCH/ USD price action is moving within a bullish flag pattern, subject to a breakout.  
• The next major upside target for the bulls is eyed just ahead at $400 territory.  

Spot rate:                   286.65

Relative change:       +1.95%

High:                          296.67

Low:                           276.19

BCH/USD 60-minute chart

• Price action is moving within a range-block formation seen via the 60-minute chart view.

BCH/USD daily chart

• The price is moving within the confinements of a bull flag structure, subject to a breakout.