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.
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.
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💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6119
🏆 FREE Trade-Numbers
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🚨 You need PREMIUM trade-numbers to profit from Cryptocurrencies —Best timing & amazing results! 👉 lamatrades.com (Since 2017)
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6119
🏆 FREE Trade-Numbers
anandatrades.com
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6119
🏆 FREE Trade-Numbers
anandatrades.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.