Hello everyone, I’m Cryptorphic. I’ve been sharing insightful charts and analysis for the past seven years.
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Now, let’s dive into this chart analysis:
BCH has rebounded from the support we mentioned in our previous video. The price is currently approaching the resistance trendline and the 50 EMA, which ranges between $345 and $363.
BCH needs to break out and close above this resistance level to remain bullish. A rejection will likely push the price down to the lower channel.
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