$BCH

Bullish breakout from Sideways Channel signaled end of consolidation and resumption of Uptrend. Price also broke back above $400 resistance and above 200-day moving average, and could revisit $600 next. It's not yet overbought (RSI < 70).

Pattern: Resistance Breakout. Once a price breaks above a resistance zone, it signals that buyers have absorbed all the supply from sellers at this level and price can resume it's advance. Following a resistance breakout, the next closest resistance zone becomes a price target.

Trend: Short-term trend is Strong Up, Medium-term trend is Strong Up, Long-term trend is Up.

Momentum is Bullish ( MACD Line crossed above MACD Signal Line) ABOVE days ago. Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).

Support and Resistance: Nearest Support Zone is $300.00, then $220.00.