2020/10/23 BCH follow-up trend

From the daily line, we can see that BCH is currently trying to break through the neckline pressure of the past.
It is also a downward trend pressure on the daily line.

In the 4-hour chart, backtested to 0.786 and go to 1.414-1.618.
If it can stand firm and break through the daily downward trend pressure,
The first goal falls on Fibonacci 2 (289.83).

The target price above is 289.83 (2), 301 (2.272), 307 (2.414), 316 (2.618) in order
Supports are 264 (1.414), 258 (1.272), 246 (1)


# This analysis is a personal forecast and does not have any investment advice, please refer to it carefully.