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 Week Timeframe

Bch being priced $296.03 as of making this analysis has yet again undergone some bearish movements. The price of Bch dropped to being priced at about $264.27 at one point.

After a double retest on the support zone, could this finally be the turning point for Bch to going Bullish? If there's any bearish movements again, I'm sure we'll be landing on the lowest support zone I've marked so far which is priced as low as about $199.

4 Hour Timeframe

Using the 4h timeframe, we're able to see that a breakout is about to occur as this could send the price movements either bearish or bullish in no time.

A break out on the lower part of the formed structure, there'll be higher chances of going bearish again and heading towards a support zone.

Until Next Time, Peace.