The breakout of BCHUSD through the 499.1800 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, BCHUSD could test 472.7870 within the next 3 days. One should always be cautious before placing a trade, wait for confirmation of the breakout.
If you’re long BCHUSD you should be aware that 499.1800 has just been breached – a level tested 4 time in the past
