This can indicate a breakout due to this descending wedge. Make sure to have stop loss ready if it's a false breakout (~10%).
I would only buy in if I see the breakout myself, never before.
BCH is one really risky coin to invest in, by the day. I would only do it if your risk assessment is high. I still believe in this coin for long position, however :)
If I'm looking for long term investment - Days, Weeks, Months and hopefully years, do you see a problem of buying in here?
kremsy
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@imkeshav, I think its not a good time to buy BCH for long term investments right now, to many unsurities, but you probably should always keep minimum same amount of BCH than BTC in your hold balance to hedge it out.