DISCLAIMER: I am not a financial advisor nor certified analyst. All contents discussed on this blogpost are solely my own personal views and for Trading education/entertainment purposes only . Do your own research and due diligence.

With That Being said, let's get into it;

BCH Analysis; 1 Month Timeframe.

Above is the 1 month Timeframe which is very crucial in Identifying long term trends be it bullish or be it bearish.

One of the main factor that can determine us being bullish or increase the price of BCH, is and should be the closing of BCH inside the symmetrical triangle formed or simply closing above that purple trend line.

If it does so as expected,then we can expect a continuation movement of the Trend line inside the triangle and then finally a break out which will lead to an increase in price of BCH. More information on the 1 Hour Timeframe

BCH Analysis; 1 Hour Timeframe

Currently, I've spoken about a trend line formed in the 1 Day - 1 Hour timeframe which would lead to an increase in price after it's breakout. Well, that's exactly what happened as we experience an increase on price in these past days.

But recently, the price of BCH reduced from around $460.00 to $448.01 . This was due to the fact that the candlesticks reached for the nearest support level respectively.

No worries though, hopefully we'll get back up in no time after the candlesticks bounce off the support zone.

Overall: BCH has finally broke the trend line and began a bullosh movement.

https://read.cash/@InvestorOmar/update-crypto-to-the-moon-bitcoin-cashbtc-12dfd928

Until next time,Peace.