The breakout of BCHUSD through the support line of a Channel Up could be a sign of the road ahead. If this breakout persists, we expect the price of BCHUSD to test 226.8571 within the next 7 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
After testing support twice in the past, BCHUSD has finally broken through. Can we expect a bearish trend to follow?
