I think BCH is still bullish and currently in the consolidation/retracement phase. I have listed some possible scenarios in the chart Lets see how it will unfold. I will open position once it will bounce strongly from any of these levels. The analysis will be nullified if the channel is broken Best of luck,
Volume is dropping off, and we have formed a lower high after setting the higher low that was anticipated in the video TheChartGuys posted this morning. The break of this current depicted range will indicate short term momentum into the afternoon. Very extended to the upside after a 200% move so bulls need to protect profits.