#BCH , after trying to break, rejected at the resistance level.
The double top pattern has just been completed, and according to that, the downward scenario, it will continue.
If the price can successfully break the support level of $440.0 - $450.0 , we can expect to move according to the pattern and decrease to $400.0 .
If the price is supported from the current level, it is possible for the price to return to the resistance level of $520.0-$530.0, although according to the current situation, the downward scenario is more likely.
BCH
426.9
-1.56%