Long
BCHUSD
Keeping an eye on BCHUSD one of the most hated cryptocurrencies it seems. Well it has been beaten down pretty badly but now on the 30 min and 1 hr charts it's starting to look like a buy. Showing good divergence as well as that 20 Moving average rising and the 100 falling, a crossover would be another good indicator. Bollenger Bands are tightening very nicely signaling a move and I'm fairly confident it will be to the upside now. Starting buying this morning with a small position and if it breaks up I will be adding.
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.
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.