Bitcoin Cash / Bitcoin
Long
Mis à jour

BCH catching a bid?

291
BCHBTC seems to be breaking out of a near-picture-perfect falling wedge that has formed since December. 24H MACD and RSI indicating a possible reversal. Combine this with fear in the BTC markets outlined in a LTC idea here, and we have the potential perfect storm. BCH may be viewed as a potential alternative to any disruption of the BTC network... keep an eye on it.
Note
looking for support at the trendline before starting to build a position.
Note
trendline holding for now...
Note
hidden bullish divergence on shorter time frame suggests trend continuation

snapshot
Note
BCHUSD looks ready to add to the action as well

snapshot
Transaction en cours
Note
BCHUSD thinking about breaking out with strong bullish divergence, will cause a nice breakout on the BCHBTC chart as well

snapshot
Trade fermée manuellement
backing out at barely above break-even to watch for better entry. looking for confirmation of upwards continuation before entry... looking too unsure for me to comfortably hold long.
Note
needed to extend that wedge's lower support line and wait for one more bounce to have had the perfect entry. missed this one by being about a month too early... oh well.

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.