Technical analysis by SwallowAcademy about Symbol BCH: Buy recommendation (12/17/2025)
https://sahmeto.com/message/3995466

SwallowAcademy
Rank: 30684
Analytical Power:
1.2
Bitcoin Cash (BCH): Waiting For Break of Neckline Zone | Bullish
Buy
Price at Publish Time:
$552.3

BCH has formed a clear W pattern and the neckline zone is now the key level. Usually once this kind of neckline gets respected enough, price ends up trying to break it, so that’s the main thing on watch. Right now the “breakout stage” is choppy, but that’s not a bad thing — we’re basically building a pressure zone between the neckline and the 200 EMA (stronger white line). If buyers manage to reclaim the neckline and hold above it, then we look for a clean continuation move from there. Until that happens, it’s still a wait for confirmation spot, because the 200 EMA is still capping price. Swallow Academy
Source Message: TradingView