Long
Medium term Parabolic RSI divergence
Lot's of interesting signs on BHC/BTC coupled with a steady stream of good news coming out for BCH(Bitpay launch, Gemini announcement etc).
Daily PSAR flip will happen around .1135, previous flips after long downtrends like this have popped 100%+
Volume and volatility picking up after the medium-term trendline break confirm that something new is happening.
~.105 is the long term support trendline. A decisive break below that could mean .07, personally I think that's highly unlikely.
Looks like BCH has a few more "true believers"/real institutional investors intending to use it for something. This should restrict the selling side of BCH a bit more than BTC.
bitinfocharts.com/comparison/top100cap-btc-bch.html
prnewswire.com/news-releases/sbi-bits-and-nchain-announce-strategic-partnership-to-support-cryptocurrency-security-and-bitcoin-cash-300567948.html
Daily PSAR flip will happen around .1135, previous flips after long downtrends like this have popped 100%+
Volume and volatility picking up after the medium-term trendline break confirm that something new is happening.
~.105 is the long term support trendline. A decisive break below that could mean .07, personally I think that's highly unlikely.
Looks like BCH has a few more "true believers"/real institutional investors intending to use it for something. This should restrict the selling side of BCH a bit more than BTC.
bitinfocharts.com/comparison/top100cap-btc-bch.html
prnewswire.com/news-releases/sbi-bits-and-nchain-announce-strategic-partnership-to-support-cryptocurrency-security-and-bitcoin-cash-300567948.html
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.