- Sometimes when you're in doubt about a chart, you have to really zoom out to a bigger timeframe to understand where the bigger move is coming from.
- Moves within moves, timeframes within timeframes. Anyways, we can see the 2020 coronavirus crash the price went up to almost $515, which it hasn't came near to since the virus.
- But now on the daily, we're about to have a 'golden cross' soon sparking interest into the market , and I know a lot of people are watching this same chart. I'm very bullish because of that
- Anyways BCH closed over $305 monthly resistance and gained that as support, so the next target would be $361 respectively
- This is a daily chart so don't expect this to happen overnight
Thank you all for your continued support, I really appreciate it .