Bitcoin Cash (BCCBTC): Quick Analysis

in #bitcoin • 6 years ago

Here is a quick look at Bitcoin Cash -4.00% ( BCCBTC -2.91% ).

  • We have slowly increasing volume , over the long term and decreasing price.

  • BCCBTC -2.91% price touches strong support (yellow rectangle ) and bounces with increasing volume .

  • Really strong bullish divergence on the MACD .

  • RSI bouncing out of oversold.

  • Early signals of formation of a bottom.

  • Bitcoin Cash -4.00% is asking for a wave up. If the cryptocurrency market continues printing more green volume , you can expect Bitcoin Cash -4.00% to move up big.

Bitcoin Cash -4.00% , like XRP, ETH and other big altcoins, goes long and strong when it starts to move. So when you see Bitcoin Cash -4.00% move up, know that it will do so for long.

I hope you enjoyed this analysis... My thanks to you always for reading.

Your support is highly appreciated.

Namaste.

#cryptocurrency #btc #crypto #bcc
6 years ago in #bitcoin by
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