Bitcoin Cash Oversold, Bullish Divergence + ATL

Bitcoin Cash hits a new All-Time Low while at the same time hits oversold on the RSI.

We have a strong bullish divergence with the MACD.

Based on other market factors not visible on this chart, we believe that Bitcoin Cash can bounce at this support level.

The last low around $107 should be the stop-loss in a manual way as we use it.
Any trading above this price and we are strongly bullish.

We are active on this one with leverage as well.
This is recommended for experts only as leveraged trading is ultra-high risk.
We are also active on this pair through SPOT trading and the BTC pairing below.

Bitcoin Cash Descending Channel, New ATL

Remember to hit like, follow & comment for more.

Namaste.

Note

Full trade signal

This is not financial advice.
Leveraged trading is high risk and for experts only.

IF YOU CAN'T TAKE A LOSS, STAY AWAY!

--
LONG BCHUSD

Leverage: 8X

Buy-in: $108 - $116

Targets:

1) $128
2) $140
3) $165
4) $181

Stop-loss: Close daily below $105

Liq. price: $101

Potential profits: 469%

Capital allocation: 6%

Shared: 16-June.

MasterAnanda

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