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Bitcoin Cash (BCHABC) Gaining Momentum? | How Far Up Can It Go?

I was asked to look at Bitcoin Cash (BCHABCBTC) by one of our readers... On a close up of the daily chart, I didn't see much strength at first, in fact, I saw weakness and was about to close the chart.
Chart:
Then I noticed the higher lows and zoomed out to get a better picture... Bitcoin Cash actually looks good.
Additional volume is missing or BCHABC can move back down... But with Bitcoin now consolidating and the altcoins turn coming, it is likely that there will be a follow-up... We believe BCHABCBTC can move higher.
Conditions for change: If BHCABCBTC moves below and closes 0.0259 BTC, the above signals become invalid and a new and updated analysis is needed.
Thanks a lot for reading.
Remember to hit like again and gain.
This is Alan Masters...
Namaste.
Chart:
Then I noticed the higher lows and zoomed out to get a better picture... Bitcoin Cash actually looks good.
- We can see the MACD now entering the bullish zone and showing a year-long bullish divergence.
- Trading above EMA10 with a bullish (50+) RSI.
- We can also see a broken down trendline.
Additional volume is missing or BCHABC can move back down... But with Bitcoin now consolidating and the altcoins turn coming, it is likely that there will be a follow-up... We believe BCHABCBTC can move higher.
Conditions for change: If BHCABCBTC moves below and closes 0.0259 BTC, the above signals become invalid and a new and updated analysis is needed.
Thanks a lot for reading.
Remember to hit like again and gain.
This is Alan Masters...
Namaste.
노트
Bitcoin Cash is also growing...🚨 LIFETIME (Pay for 7, get 1)
lamatrades.com —Since 2017
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ETH +2150%
CRO +1272%
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BTC +580%
t.me/masteranandatrades/6681
😱 Wow & New Results
t.me/anandatrades/1350
lamatrades.com —Since 2017
🚨 Results
ETH +2150%
CRO +1272%
AAVE +1134%
XRP +749%
DOGS +868%
SOL +687%
BTC +580%
t.me/masteranandatrades/6681
😱 Wow & New Results
t.me/anandatrades/1350
관련 발행물
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
🚨 LIFETIME (Pay for 7, get 1)
lamatrades.com —Since 2017
🚨 Results
ETH +2150%
CRO +1272%
AAVE +1134%
XRP +749%
DOGS +868%
SOL +687%
BTC +580%
t.me/masteranandatrades/6681
😱 Wow & New Results
t.me/anandatrades/1350
lamatrades.com —Since 2017
🚨 Results
ETH +2150%
CRO +1272%
AAVE +1134%
XRP +749%
DOGS +868%
SOL +687%
BTC +580%
t.me/masteranandatrades/6681
😱 Wow & New Results
t.me/anandatrades/1350
관련 발행물
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.