I don't normally TA BCHUSD, but when I do...
So I decided to look at BCH today because I never follow it and I mistakenly read BTCUSD price as BCHUSD and immediately wondered how BCH caught up with BTC. Thankfully I was wrong. But looking at the daily chart, it's completely obvious that BCHUSD is in a Descending Broadening Wedge, which is a Bullish signal for Trend Reversal.
Refer to this website for statistics and buy/sell targets. How you interpret the signals is completely up to you.
thepatternsite.com/dbw.html
My thought is we're either near a breakout, or we may fall again for the third touch at the bottom, before rising for a breakout. Either way, it seems like a good long position if you're going to hold for a few months.
So I decided to look at BCH today because I never follow it and I mistakenly read BTCUSD price as BCHUSD and immediately wondered how BCH caught up with BTC. Thankfully I was wrong. But looking at the daily chart, it's completely obvious that BCHUSD is in a Descending Broadening Wedge, which is a Bullish signal for Trend Reversal.
Refer to this website for statistics and buy/sell targets. How you interpret the signals is completely up to you.
thepatternsite.com/dbw.html
My thought is we're either near a breakout, or we may fall again for the third touch at the bottom, before rising for a breakout. Either way, it seems like a good long position if you're going to hold for a few months.
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해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.