If BCH isn't able to break the upper resistance of the triangle ( showing signs) the price will break the supporting of the and further drops are imminent.
Setting Target Points for this scenario at:
TP1 : ~1100 USD
TP2: ~ 850 USD
As you can see in the link BCH hasn't been able hold its price above the resistance line, furthermore the volume of this rise has been rather low, MACD seems to change its momentum into the other direction, and Stoch RSI is clearly bearish. All in all BCH will now test its support and has to be observed closely for a potential break out.