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;

1 Month Timeframe.

Using the 1 month Timeframe,the present candlestick has just rwtwsti on the major key level. As a matter of fact, this might just be indicating a strong bearish movement, as we're currently down at about $372.13 as of writing this article.

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1 Day Timeframe.

In the 1Day timeframe, we broke out of what seems to be a symmetrical triangle but yet again at a bearish point as we go down even further.

Don't be surprised that we'll rest the resistance zone and go even more further down. But hopefully not as it might act as a support zone towards a bearish part.

          ......

4 Hours Timeframe.

Using the 4 hours timeframe, we simply elaborate on what's happening on the 1 Day timeframe as we get to see the symmetrical triangle even more clearly.

We also have a clear sight on the break out in the bearish point. But we're currently trying to move up towards the nearest line which might act as a support or resistance zone.

I repeat, don't be surprised if we're faced with a resistance zone as we go down further, but hopefully not.

After the movement of BTC a lot of altcoins have sold off and are now in an excellent position to pump! The resistance on these coins is lower than it has been in a long time meaning they can be pumped higher than ever including BCH.

Overall: BCH still at a bearish movement for quite some time now. Hopefully we're already at the turning point!

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Until next time, peace.