DanielSpeiss

Today we will most likely see trend change for the better today.

Long
COINBASE:BCHUSD   Bitcoin Cash
As we can see from my continued chart from yesterday, with an added top resistance verified with at least 2 points, we are both seeing a bottom in Macd as shown, which looks like a healthy bear pattern, now ending for a potential positive reversal.

We will see some activity, maybe a small breakout to support the new trend, we also see on balance volume stabilizing where it was originally around $270.

I'm projecting somewhere between 4-16 hours we will see more finite change for the pattern to continue a healthy run.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.