BCH is once again trying a significant multi year resistance zone where price has been rejected a number of times since 2021.The overall structure is still bullish, with higher lows continuing to develop off the major base that was established during the 2022-23 accumulation zone. So long as the mid range support level holds, price action still has the possibility of breaking through this resistance region.
A successful break could be the start of much larger upside extension, whereas rejection here would likely result in price action trading back down towards the crucial support level.
The upcoming weekly candles will be very telling for price action.
BCHUSDT BCHUSD 
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Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.