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Bitcoin Cash Found Support (Early Signals)

BINANCE:BCHBTC   Bitcoin Cash / Bitcoin
Has Bitcoin Cash ( BCHBTC ) found support?

Right now we have a very steep descending channel in which BCHBTC remains... But this can easily change.

A strong bullish divergence can be spotted with the MACD , signaling that this trend is potentially coming to an end.

Trading volume is really low and BCHBTC recently hit a new low.

On top of the divergence with the MACD , there is also short-term bullish divergence with the RSI .

This setup is good to trade with a tight stop-loss at the last low... Very simple, low risk and high potential rewards.

This is not financial advice.

Namaste.
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the master is very smart and knows this job
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