Technical analysis by CryptoCoinsCoach about Symbol BCH on 12/4/2025

BCH is currently trading inside a rising wedge structure, where price keeps creating higher lows while struggling to clear the upper resistance. This pattern often appears before a decisive expansion in volatility, either as a continuation or as a reversal depending on how the breakout occurs. Recent price action shows rejection at the upper boundary, followed by a pullback into a fib cluster between 0.382 and 0.786. This zone acts as a short term decision point, where the next directional move is likely to originate. The market structure remains constructive as long as BCH holds above the rising wedge support. A controlled retracement into the grey demand block keeps the bullish case intact, while a deeper breakdown would shift momentum in favour of sellers. Key Technical Notes: • Rising wedge structure guiding current trend • Clear fib retracement confluence inside the demand block • Higher lows indicate buyers are still defending structure • Breakout above the wedge can trigger an impulsive move • Breakdown from wedge support opens a larger correction Bullish Scenario: A bounce from the fib cluster and a breakout above the wedge resistance can open a rapid expansion toward the 720 region. Momentum would accelerate if buyers reclaim the mid channel levels with strength. Bearish Scenario: Losing wedge support flips the entire structure short. In that case, BCH may slide toward 446 where major liquidity sits. In simple terms: BCH is compressing inside a rising wedge. A breakout means continuation toward 720, while a breakdown exposes 446. Watch the fib cluster for confirmation of direction.