BCH has formed a cup & handle
Though handle portion of pattern is somewhat small I still believe this pattern has potential of a strong breakout given the rest of crypto market is showing strength.
The depth of cup is about 40 points so textbook breakout of this pattern will put us in 190-200 area.
This is 4 hour chart but on daily there is a strong bullish pinbar
being printed. Which is another bullish
Good luck to all.
The information is to be used for educational purposes only. Not a recommendation to buy or sell.