Short
Bitcoin Cash Can Go Lower (BCHM19 on BitMEX)
Looking at Bitcoin Cash (BCHM19) on the daily time frame, I can see that it can continue going lower.
BCHM19 is now trading below EMA10 with additional room available to go down.
I looked at the BCHABCBTC pair for a better view since there is more data available on the chart. Here it is:
After a small bounce to retest EMA10, BCHABCBTC and/or BCHM19 can continue going lower to test EMA50 (magenta line).
Conditions for change: A break and close above the 3rd April high can invalidate the above signals.
This is not a piece of trade advice.
Feel free to hit like if you enjoyed this content.
Thanks a lot for reading.
Namaste.
BCHM19 is now trading below EMA10 with additional room available to go down.
I looked at the BCHABCBTC pair for a better view since there is more data available on the chart. Here it is:
After a small bounce to retest EMA10, BCHABCBTC and/or BCHM19 can continue going lower to test EMA50 (magenta line).
Conditions for change: A break and close above the 3rd April high can invalidate the above signals.
This is not a piece of trade advice.
Feel free to hit like if you enjoyed this content.
Thanks a lot for reading.
Namaste.
Note
Yes, it is going lower.
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t.me/anandatrades/1183
💥💥💥80% Discount until 31-May
t.me/masteranandatrades/6166
🏆 TOP Results
t.me/anandatrades/1183
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.
🚨 The difference between weak signals & PREMIUM trade-numbers lies in results. Stand apart from the crowd 👉 t.me/lamatrades/4
💥💥💥80% Discount until 31-May
t.me/masteranandatrades/6166
🏆 TOP Results
t.me/anandatrades/1183
💥💥💥80% Discount until 31-May
t.me/masteranandatrades/6166
🏆 TOP Results
t.me/anandatrades/1183
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.