BCHUSD is moving towards a support line. Because we have seen it retrace from this line before, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 2 days and may test it again within the next 5 hours.
BCHUSD is quickly approaching the support line of a Channel Down. We expect either a breakout through this line or a rebound.
