As we can see from our 4 hour chart there has been price rejection around $325 resistance. The BCH is ready for downward moment.
The new bottom we are looking here is (240) Target1 278, Target2 262, Target3 240 placed above . Last wave going up touching 325 was just pullback and price rejection has seen twice at same level. Until then go short if your analysis matches mine. STOP LOSS near $330.
We will analyze again when it reaches near next support based on how it reacts with it. Please like, follow and let me know if you looking analysis for other coins, I will try my best