Bitcoin Cash SV (BCHSVUSDT) Picks Up Momentum!

Bitcoin Cash SV (BCHSVUSDT) is starting to move up with good momentum and volume. Let's look at some signals for our own learning and entertainment.

- The RSI is bullish after being oversold recently.
- MACD strong bullish crossover.
- Increasing green volume.
- Great momentum.
- Market turning green.

Expect high targets to be hit.

Details on the chart.

Namaste.

Commentaire:

Consolidation is reaching an end... Upcoming breakout soon.

Continuation of early analysis trend, or change?

Commentaire:

Fake breakdown (went below stop loss to quickly jump back). This is the reason why we use a manual stop loss. Because you can get kicked out of a GOOD trade due to "stop loss hunters".

4H time frame:

Daily time frame (notice the strong reversal signal):