Technical analysis by MasterAnanda about Symbol BCH: Buy recommendation (8/7/2025)

Bitcoin Cash has been facing the upper resistance of a long-term and wide bullish flag continuation pattern. Overall, the chart is extremely bullish. Bitcoin Cash has been growing for 119 days. The action is very controlled with no large drawdowns. It is the perfect build-up pattern for a major advance. It is good that the action this week is back above the upper flag trendline, as this confirms the market turning bullish. A red close last week and another red close this week would be bad and can point to lower prices. Instead, we have green this week and many altcoins are starting to recover, Bitcoin looks great. Ethereum and XRP are trading much higher compared to Bitcoin Cash. We know Bitcoin Cash will not stay behind, so it is only a matter of time before we see higher prices. Maybe there will be some stability above $850. There is still a long road to travel. Everything will continue to get better with each passing day. The market has been growing for months, four months to be exact, but this is only the start. Everything will be much better in the weeks ahead. Namaste.