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 .