It was a fun ride BCH but I think I'm out. Short

BITTREX:BCCUSDT1D

Description

⋅ Nov 24, 2017 8:58 AM

Divergence on RSI.
Divergence on Stoch.
Inverted hammer on 6 hour chart.
Rather overbought.

Technical Indicators Chart Patterns

Comments

petrusali

⋅ Nov 24, 2017 9:01 AM

To early to judge divergence. Patience is virtue.

schizaar

⋅ Nov 24, 2017 11:42 AM

@petrusali, Maybe it is not too early to judge it but it is important to read things right. Well I aint a pro on this, but I guess that line on chart should connect very top of the highest green candle and then trend line aligns with MACD and RSI. Otherwise this looks like improperly measured thus looks like divergence.

petrusali

⋅ Nov 24, 2017 11:50 AM

@schizaar, I read a lot of rumors telling that a community in China going to do a huge pump to BCH (on 26th) and I'm hoping that it's gonna happen very soon.

justinaverysmith

⋅ Nov 25, 2017 7:09 PM

@petrusali, I trade on TA, not hope.

schizaar

⋅ Dec 8, 2017 9:55 AM

@justinaverysmith, so it should be showing some noice price action now :)