Noxtreme

BCH In Depth 4hr: Possibly a trade opportunity

COINBASE:BCHUSD   Bitcoin Cash
Honestly not seeing anything here that we have not already talked about. I will mention again that the RSI seems to like to hang around the 43 level on BCH 4 hour. We are sitting at 60. $287 might be a good entry for a short term bullish trade if RSI is around 43 at that point. It’s a strong resistance and support line but we have the bottom of our triangle to hopefully keep us from dropping lower. We also have the 200ma to support at 243 on the 4 hr. Might be a lower risk bullish trade in the next few hours.
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