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BCHUSD spike soon to die

BITFINEX:BCHUSD   比特币现金/美元
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BCHUSD             has recently experienced a multiple very short (1~2 days) but strong rise, followed by around 20% correction in the following days. This appr. 40% spike is currently one and a half day old. If the price follows the pattern, then BCHUSD             rise will fade away in less than a day and the following few days will be 15~25% correction (target below $650.)

Also, the volume of the three latest bars (current rise) is much weaker than the volume of the previous rise. The price will be more vulnerable to a deeper correction.
it seems 750 is the support
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