The analyst discusses Bitcoin Cash (BCHUSDT) on August 22, noting a current price of $559.5. He expresses a slight apprehension, hoping the low from two days prior holds. He wants to see separation from the current price area and is uneasy about the price meandering around the higher low trend line dating back to April. He notes previous instances showed clear upward movement. He uses Fibonacci retracement levels from the high on March 6 to the low on April 7, observing prices above the golden ratio twice, he expects the 1.414 level around $521 could hold. A potential 13% drop to $484 is mentioned. Looking at the one-hour timeframe, he dislikes the price action, and resistance on the RSI, but notes the movement of the RSI into sideways trading. He notes the MACD wants to cross above zero. On the four-hour timeframe, the RSI looks good, with a double bottom pointing towards the overbought zone. Analyst expects an upward movement . If the BCHUSDT gets above $598 it will validate low and a 200% growth can be seen for this cycle.