Technical analysis by Silvio_TraderskyZahvat about Symbol BCH: Buy recommendation (12/5/2025)
https://finbeet.com/message/3962339

Silvio_TraderskyZahvat
Rank: 29966
Analytical Power:
1.3
BCH wedge formation?
Message Type:Buy
Price at Publish Time:
$568.62

BCH is showing strong bid-side absorption according to Hyblock data. I’m currently watching a few potential scenarios: The more probable path is marked with the green arrow The less probable path is marked with the red arrow RSI has likely bottomed out just as the price started to form a pattern. A move toward the trendline is possible, which aligns with the 0.618 retracement of the local impulse and could continue the wedge formation.
Source Message: TradingView