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Raul_Dominguez
Sep 30, 2018 2:08 AM

Bitcoin Cash looking good Long

Description

BITFINEX:BCHUSD

Bitcoin Cash is looking very nice for a trade right here, it just broke out of a 5 month falling wedge pattern with big volume, freeonlinetradingeducation.com/falling-wedge.html , and it also pop above the 50 day moving average.

We also have a positive divergence on the MACD indicator, where the indicator is moving up just as the price is moving down, which is bullish.

This could be the start of a few weeks of bullish movement on Bitcoin Cash.

Good luck in your decisions.
Comments
Saudi
Thank u
Raul_Dominguez
@Saudi, you’re welcome.
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