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 dive straight into it;

BCH Analysis Using Weekly Timeframe.

Good day folks, hope you're all having a great weekend. We can all agree that I've been away for quite some time now, just being busy lately, but I'll surely make time for you guys.

Back on the Analysis, On using the 1 week timeframe, we still seem to be moving in a ranging pattern as we're still moving in between two formed trend lines. In simple terms, we're at this point of time neither increasing nor decreasing in price, although there's a little support zone not too far from where we are now in case we're going bearish. *Together we move.👍

BCH 2 Hour Time frame.

On the other hand using the 2H time frame, we're left with a figure that seems to be a symmetrical triangle.

Upon encountering this pattern we usually expect the pattern to be fully formed to it's tip before before we start expecting a breakout either Bullish (increase in price) or Bearish (decrease in price).

But anyways this is the crypto space and is almost unpredictable as different things influence the market and we could expect a breakout anytime soon hopefully on a bullish path.

Have a great day:)

Until Next Time, Peace.