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After testing support twice in the past, BCHUSD has finally broken through. Can we expect a bearish trend to follow?

The breakout of BCHUSD through the support line of a Channel Up could be a sign of the road ahead. If this breakout persists, we expect the price of BCHUSD to test 226.8571 within the next 7 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.

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We expect a $2.708 movement on ZR within 4 hours following the event release at 03 Apr 00:30.

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