BCHUSDT 4H: Trend Line From $212.80 Still Holding

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BCHUSDT 4H: Trend Line From $212.80 Still HoldingBitcoin Cash / TetherUS PERPETUAL CONTRACTBINANCE:BCHUSDT.Pcyh850228Drawing a trend line under the rising lows on the BCHUSDT 4-hour chart gives a clean reference for the current leg up. Anchor A sits on Sep 15 at $212.80, the candle low that started the sequence, and anchor B sits on Oct 8 at $268.40. The two points are 139 4H candles apart, roughly 23 days, which gives the line a gentle, steady slope rather than a steep one. The line has done more than connect two points. Between the anchors, 1 other swing low formed right on the trend line, confirming the slope before anchor B printed. After anchor B, price came back down to test the line 1 more time, and on each visit the line held without a 4H close breaking below it. That makes the line intact since Sep 15, with no closed candle violating it yet. On the latest closed 4H candle, Oct 11, price closed at $286.40 while the line itself projects to about $275.60 at that same point in time. That puts the close 3.9% above the line, showing some separation has opened up after the last touch. The nearest horizontal swing level to watch alongside the trend line is $268.40, the anchor B swing low, which sits just under where the line currently runs. If price pulls back and continues to respect the line without a 4H close below $275.60, the rising structure from $212.80 through $268.40 stays intact and the sequence of higher lows remains in place. A 4H candle closing below the trend line near $275.60 would break that pattern for the first time since Sep 15, shifting attention down toward the $268.40 swing level to see whether it holds as support instead. Not financial advice; for educational purposes.