BCHUSD Breaking Trendline For A Bullish Case

BCH moved even higher following the break out of a diagonal in the last few days. Notice that recovery is now in five waves on the hourly chart so it appears that more gains can follow after the retracement. There is nice technical support at 113 followed by 108/110 area, where the price can meet the trendline.

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Nice upward resumption on BCHUSD....