Bitcoin Cash BCH/USD another buying opportunity for the bulls to ride

• Bitcoin Cash price consolidated on Thursday, trading marginally in the green, just some 0.3%.
• BCH/USD price action is narrowing within a small triangular pattern on the 4-hour chart.
• Bulls will look at another test of descending trend line, eyes on $470.  

BCH/USD 4-hour chart  chart  

Spot rate:                   448.2

Relative change:       +0.31%

High:                          455.7

Low:                           441.8

Trend:                        Neutral/Bearish

Support 1:                  445.6, ascending supporting trend line.  

Support  2:                  428.4, demand area.  

Support  3:                  407.0, 19 October low area.

Resistance  1:             450.0, descending trend line.  

Resistance  2:             470.5, resistance on  

Resistance  3:             535.5,   8 October high.