The price has broken above the horizontal resistance, suggesting bullish momentum.
Around $568 - $570, which aligns with the dashed projection showing a bullish breakout.
If the breakout fails and price falls back below the trendline and resistance zone, the dashed projection indicates a decline toward $460 - $450 or even the recent low near $378.6.
The price breaking above the resistance signals potential bullish continuation toward $568.5 or higher. However, failing to hold above the breakout level may lead to a bearish reversal, targeting lower supports near $460 or the trendline. $BCH $BTC