Bitcoin Cash Price Analysis: BCH/USD blast off for bulls following bull flag breakout

• Bitcoin Cash price is trading in the green, with gains of 10% in the second half of the session.
• BCH/USD bulls took two days to consolidate, but firmly back in control. 
• Should the barrier at $360 be broken down, the next major price mark will be eyed at $500. 

BCH/USD weekly chart

The price is running with decent momentum to the upside, four consecutive weeks in the green. 

BCH/USD daily chart

Market bulls are trying to break down heavy resistance at $360, a breach should open the door to further upside momentum. 

Spot rate:                   333.25

Relative change:      +10.50%

High:                           363.05

Low:                            319.49