If coinbase officially announce that BCH will be listed, than I expect an immediate jump to above the blue zone of the plotted 1var linear regression (since 19 of Nov, 2, 2). However, if not than, it is likely to fall under red.
Based on the recent and linear increase in OBV, it seems the market is kind of expecting an official coinbase announcement...
If it gets listed than basic parameters (RSI, CCI, MACD, Coppock,TSI etc.) seems supportive of a rally. So my tactics: keep buying in the <1770 zone and as long as OBV keeps up -- and I hope that it will be officially announced within weeks.
This is NOT a trading advice, just a biased opinion, always use STOPS and avoid FOMO!
ps: BTW does anyone know how to program a multivar linear reg with pine?
Based on the recent and linear increase in OBV, it seems the market is kind of expecting an official coinbase announcement...
If it gets listed than basic parameters (RSI, CCI, MACD, Coppock,TSI etc.) seems supportive of a rally. So my tactics: keep buying in the <1770 zone and as long as OBV keeps up -- and I hope that it will be officially announced within weeks.
This is NOT a trading advice, just a biased opinion, always use STOPS and avoid FOMO!
ps: BTW does anyone know how to program a multivar linear reg with pine?
Trade closed: target reached:
Ups: the rally happened before an official announcement, so I am afraid it is a kind of pump-dump, unless OBV keeps up, however, this become too risky for me, so temporarily sold my BCH.