I made this analysis to create a clear view on BCHSV.
The first thing i did was searching for the support and resistant levels. If you want to find those levels by yourself, you can use the point and figure chart to identify those levels. The Lower is support and the up- per resistant. The second thing i usually do is searching for a trend pattern, in this case i found a symmetrical triangle. Where the outcome is difficult to predict. I used the RSI for my prediction, i found decreasing strength in the RSI. That would say that there is a higher chance for a negative outbreak to occur.
I hope you guys enjoyed this Technical Analysis. This post is for educational purposes only.