* We have slowly increasing volume, over the long term and decreasing price.
* BCCBTC price touches strong support (yellow rectangle) and bounces with increasing volume.
* Really strong bullish divergence on the MACD.
* RSI bouncing out of oversold.
* Early signals of formation of a bottom.
* Bitcoin Cash is asking for a wave up. If the cryptocurrency market continues printing more green volume, you can expect Bitcoin Cash to move up big.
Bitcoin Cash, like XRP, ETH and other big altcoins, goes long and strong when it starts to move. So when you see Bitcoin Cash move up, know that it will do so for long.
I hope you enjoyed this analysis... My thanks to you always for reading.
Your support is highly appreciated.
Namaste.
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BCCUSDT on Binance is showing a good increase in volume and the chart is very similar to the BTC pair.
I can say that the USDT and BTC pair will follow each other, based on the charts I am looking at now (Binance, USDT and BTC pairs).
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Bitcoin Cash is the next altcoin to explode!!!
BCCBTC now on the move...
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Good volume on the daily candle. Strong breakout.
Expect more from this coin...
Looks good on the weekly as well:
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We have a signal for BCCBTC on our AMT Private Signals channel... We hit our first target.
TARGET:
(1) 0.0877 * Target hit * (2) 0.0920 * Next target *
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We need to break this trendlined and close above it, to start a new uptrend: