(BCHG)-Bullish Divergence
Updated
We have seen the price come all the way back to the October 2020 lows, but there is some good news. The RSI actually went lower but the price didn't. This means we have had more price pressure but majority of the pressure came from buying. The last two weekly candles shows over 6 million in positive volume. This is not the only thing that I see.
If we use the Fib levels we actually see a pattern start to take place. I have mapped out the previous pattern accordingly. We are dealing with smart intuitional money that will try some pretty hard shake outs. Be patient and take profits based on your own needs in life.
I leave you, my friends, in the love and the light of
the one infinite Creator.
If we use the Fib levels we actually see a pattern start to take place. I have mapped out the previous pattern accordingly. We are dealing with smart intuitional money that will try some pretty hard shake outs. Be patient and take profits based on your own needs in life.
I leave you, my friends, in the love and the light of
the one infinite Creator.
Note
We are now starting to see some upward momentum. The crypto market is starting to take off and if we can get a close on the daily above $6.20 we will start to see more volume come in.Note
we have finally seen some real volume come into the market. Some key resistance has been broken and I expect $9 to be the next resistance to break above.
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