Short term outlook (1mo) is , mid term is mixed (3mo). Fundamentals will play a key role: Bitpay, LN, BCH May upgrades, PR events. PA shows there is a big dark cloud hovering over the market that will ultimately condition the long term (1y) outlook. The market is sensing a lot of uncertainty, and there is an all pervasive deep sense of mystery about...something. What? Difficult to say and scenarios abound both technically and fundamentally. Fundamentals wise, this could either be about LN (3 scenarios behind paywall) or a big BCH inherent challenge (at least 4 scenarios).
Short and simple: Bulls currently have the upper hand. Bears have gone too far, too quick and are taking a break. Action plan behind the wall on yours. https://www.yours.org/content/bch-price-action---elliott-wave-analysis-a572553be47d