Bitcoin Cash / Bitcoin
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Bitcoin Cash Found Support (Early Signals)

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Has Bitcoin Cash (BCHBTC) found support?

Right now we have a very steep descending channel in which BCHBTC remains... But this can easily change.

A strong bullish divergence can be spotted with the MACD, signaling that this trend is potentially coming to an end.

Trading volume is really low and BCHBTC recently hit a new low.

On top of the divergence with the MACD, there is also short-term bullish divergence with the RSI.

This setup is good to trade with a tight stop-loss at the last low... Very simple, low risk and high potential rewards.

This is not financial advice.

Namaste.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.