Sadly BCH has created a weak structure, head and shoulders pattern. On top of that, it's touching the falling channel which started in June. It looks like we are going to correct lower. With the first support at the indicated price. Things could go much lower based on how the chart is going to develop or we could bounce at the indicated target. Not a financial advice, just my opinion.
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The neckline hasn't been broken, the trade didn't get triggered