BCH has broken above the symmetrical triangle pattern and is currently retesting. With the price at $402, it may retest down to $346.
A rebound is likely after this retest. If confirmed, BCH could rally up to $720 (110%) from the lower support.
Key levels:
- Primary Support/Entry 1: $346
- Lower Support/Entry 2: $292
- Target: 50%-100%
- Invalidation: A close below support 2 price level.
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