For the first time in history we have a golden cross (50MA orange crossed 200MA purple) on the daily chart.
Looks like a double bottom is forming.
Bullish divergence on the smaller timeframes.
Once it reached the green box then I will long BCH.
Lets catch the starts :)
A close below +/- 0.042 would make this this setup invalid!
ALWAYS use stop loss!
Like & follow if you want to see more nice setups!
Looks like a double bottom is forming.
Bullish divergence on the smaller timeframes.
Once it reached the green box then I will long BCH.
Lets catch the starts :)
A close below +/- 0.042 would make this this setup invalid!
ALWAYS use stop loss!
Like & follow if you want to see more nice setups!
Trade active
Double bottom confirmed.Trade closed: stop reached
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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.
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.