Here is a quick look at Bitcoin Cash (BCCBTC).
* We have slowly increasing volume, over the long term and decreasing price.
* BCCBTC price touches strong support (yellow rectangle) and bounces with increasing volume.
* Really strong bullish divergence on the MACD.
* RSI bouncing out of oversold.
* Early signals of formation of a bottom.
* Bitcoin Cash is asking for a wave up. If the cryptocurrency market continues printing more green volume, you can expect Bitcoin Cash to move up big.
Bitcoin Cash, like XRP, ETH and other big altcoins, goes long and strong when it starts to move. So when you see Bitcoin Cash move up, know that it will do so for long.
I hope you enjoyed this analysis... My thanks to you always for reading.
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Namaste.