TradingView
CcyinProgress
Aug 25, 2018 4:47 PM

Please see Sep/Oct 2017 Long

Bitcoin Cash / BitcoinPoloniex

Description

The divergence is off the charts and quite oversold. I don't care about the fundamentals, the chart pattern is repeating itself (see Sep/Oct 2017). The R/R is absurd. No other technicals needed.

Comment

I should also mention that April we saw a similar divergence with good results although the chart pattern was slightly different (no W bottom)
More