Noxtreme

BCH In Depth Hourly: Large enough range for a quick trade.

COINBASE:BCHUSD   Bitcoin Cash
RSI 60 and BCH seem to like 41 on the 1hr. Double top favoring a break up. We had equilibrium after the big run up then a bear break but we held support well and pushed back up into our tightening range level. If we pull back again and hold above 287 I will likely be looking for to take some small positions in anticipation of a new lower high being set as our current range from 287 to 335 is pretty large at 15+%. We shal see.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.