@Giandrei 19 April 2021

𝘽𝙞𝙩𝙘𝙤𝙞𝙣 𝘾𝙖𝙨𝙝 𝙥𝙧𝙞𝙘𝙚 𝙥𝙧𝙚𝙙𝙞𝙘𝙩𝙞𝙤𝙣: Turning to the daily chart, we see that the BCH price has retreated substantially in the past three days. However, we also see that the price has struggled to move below the important support at $778. It had struggled to move above this level a few weeks ago. Also, the price is still above the 25-day and 50-day moving averages and the two ascending trendlines. Therefore, in my view, there is a possibility that the price will rebound this week. If this happens, we should not rule out a situation where bulls test the YTD high at $1,215. However, a drop below $778 will invalidate this trend. #BitcoinCash