The breakout of BCHAUD through the 408.7800 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, we expect the price of BCHAUD to test 385.6150 within the next 3 days. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
After testing 408.7800 numerous times, BCHAUD has finally broken through. Can we expect a bearish trend to follow?
