Long
Bitcoin Cash Retrace For Now

Bearish divergence on 1 hour RSI
It could bounce off the .5 fib level or the .618
.618 has stronger support however the rising trend line and .5 meet up, so we''ll see where is bounces
Short the market then go long
It could bounce off the .5 fib level or the .618
.618 has stronger support however the rising trend line and .5 meet up, so we''ll see where is bounces
Short the market then go long
Note
oh wellNote
I want to add that my initial analysis was wrong. The bearish divergence I saw was not actual bear divergence so that's why it did not retraceDisclaimer
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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.