Getting right to it, BCH has formed an obvious bull-flag displayed in yellow on my chart. I have created a fairly confident target at $1,700 based on the length of flag pole (original 4 hr green candle breakout). In addition to this , BCH has experienced a strong bounce upon contact with the 50 MA. The consolidation within the offers a good buy opportunity.
Stop Loss if BCH breaks below bottom yellow diagonal line in .
Take care and enjoy this ride.