Mis à jour
Bitcoin Cash (BCHABC) Gaining Momentum? | How Far Up Can It Go?
I was asked to look at Bitcoin Cash (BCHABCBTC) by one of our readers... On a close up of the daily chart, I didn't see much strength at first, in fact, I saw weakness and was about to close the chart.
Chart:
Then I noticed the higher lows and zoomed out to get a better picture... Bitcoin Cash actually looks good.
Additional volume is missing or BCHABC can move back down... But with Bitcoin now consolidating and the altcoins turn coming, it is likely that there will be a follow-up... We believe BCHABCBTC can move higher.
Conditions for change: If BHCABCBTC moves below and closes 0.0259 BTC, the above signals become invalid and a new and updated analysis is needed.
Thanks a lot for reading.
Remember to hit like again and gain.
This is Alan Masters...
Namaste.
Chart:
Then I noticed the higher lows and zoomed out to get a better picture... Bitcoin Cash actually looks good.
- We can see the MACD now entering the bullish zone and showing a year-long bullish divergence.
- Trading above EMA10 with a bullish (50+) RSI.
- We can also see a broken down trendline.
Additional volume is missing or BCHABC can move back down... But with Bitcoin now consolidating and the altcoins turn coming, it is likely that there will be a follow-up... We believe BCHABCBTC can move higher.
Conditions for change: If BHCABCBTC moves below and closes 0.0259 BTC, the above signals become invalid and a new and updated analysis is needed.
Thanks a lot for reading.
Remember to hit like again and gain.
This is Alan Masters...
Namaste.
Note
Bitcoin Cash is also growing...
Trading Cryptocurrencies can be the hardest undertaking ever without the right trade-numbers, without accurate private-access information. Free is free, but the best always requires sweat, an investment. Since 2017 👇
t.me/masteranandatrades/8778
t.me/masteranandatrades/8778
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Trading Cryptocurrencies can be the hardest undertaking ever without the right trade-numbers, without accurate private-access information. Free is free, but the best always requires sweat, an investment. Since 2017 👇
t.me/masteranandatrades/8778
t.me/masteranandatrades/8778
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.