The Trust Layer for Market Analysts

The video provides a technical analysis of BCHUSD, beginning with a daily chart where it is observed that since April, support has been found around the same areas, forming a trend. A breakout from a lifelong, multi-cycle downward sloping trendline is noted on the monthly chart. The analyst suggests that new investors might be loading up for a significant price increase. On the daily chart, a bearish divergence is noted in the RSI, but the MACD is bullish. The analyst expects a pullback before a continued rally to new relative highs, above $720, implying a move above $600 is likely by the end of August or in September, with the next 10 years to significantly outperform BTC or other cryptocurrencies and with a safe low of around $540 .