BCHBTC seems to be breaking out of a near-picture-perfect falling wedge that has formed since December. 24H MACD and RSI indicating a possible reversal. Combine this with fear in the BTC markets outlined in a LTC idea here, and we have the potential perfect storm. BCH may be viewed as a potential alternative to any disruption of the BTC network... keep an eye on it.
註釋
looking for support at the trendline before starting to build a position.註釋
trendline holding for now...註釋
hidden bullish divergence on shorter time frame suggests trend continuation註釋
BCHUSD looks ready to add to the action as well交易進行
註釋
BCHUSD thinking about breaking out with strong bullish divergence, will cause a nice breakout on the BCHBTC chart as well手動結束交易
backing out at barely above break-even to watch for better entry. looking for confirmation of upwards continuation before entry... looking too unsure for me to comfortably hold long.註釋
needed to extend that wedge's lower support line and wait for one more bounce to have had the perfect entry. missed this one by being about a month too early... oh well.
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