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ValueMyAsk

Enjoy the Nice Rebound

Long
Bitcoin Cash (BITSTAMP:BCHUSD)  
ValueMyAsk Updated   
BITSTAMP:BCHUSD   Bitcoin Cash
Double Top or Bottom Oscillators Relative Strength Index (RSI) Commodity Channel Index (CCI) Double Bottom Double Top correlation Bitcoin (Cryptocurrency) crypto
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doubletoporbottom oscillator relativestrengthindex commoditychannelindex doublebottom doubletop correlation bitcoin crypto
Last time we saw a CCI this low, it resulted in a double top. Same could happen here, ladies and gentlemen. To reinforce this morning as a good one, we had a double bottom on the NQEM RSI-21 on the 15min timestep. Cryptocurrencies closely correlate with the emerging market indexes, so this is another good sign we can enjoy a bullish run this morning.
Comment:
I realize not all marketplaces are reflecting this short day swing, but my prediction holds. All signs point to a rebound from yesterday's low.
Comment:
Seems like we did a bit better than a double top.

Slow past few days after that, but what a strong finish this week is having! 143 USD!
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