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ChampagneTrades
Mar 24, 2021 4:43 AM

BCHUSD 2x  Long

Bitcoin Cash / U. S. DollarKraken

Description

Everybody's favorite has bullish divergence forming right above accumulation range high.

In Wyckoffian terms this is a Show of Strength (SOS), which we typically see before significant markup.

Accumulation range has been building for almost 2 years, and we see many analogs that show this yields huge upside. (ZEN, MTL, ADA, etc.)
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