Bitcoin Cash technical analysis: BCH/USD bulls are locking in a $400 price return in their sights

• Bitcoin Cash price in the second half of the session on Monday is holding gains of some 3.90%.
• BCH/USD is enjoying a run north, following a period of consolidation between 14-30th July.
• The bulls are trying to break down supply within the region of $340-360, which could unlock a $400 return.  

Spot rate:                  349.73

Relative change:       +%

High:                          356.45

Low:                           336.59

BCH/USD 15-minute chart

• A near-term ascending trend line of support guiding the price action to the north.  

BCH/USD daily chart

• There is room for greater upside should the bulls clear the $350 price territory.