Is it me or does BCHSV have a similar setup to Bitcoin?

189
Looking at the hourly chart for BCHSV, it eerily looks like BTC's set up before its smack down. You may want to take some chips off the table until it decides which direction it wants to go. Looking at the price chart, it doesn't look bad and it's finding support on the .5 Fib retracement level. Bullish divergence can be seen as well. However, the price has wedged itself into a descending triangle which is bearish. The MACD has found resistance at the zero line and the volume has really died down. Unless there is a surge of volume, I anticipate a continuation to the downside. I would proceed with caution and have your stop loss ready if you're still in just to be sure.

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.