Bitcoin Cash (BCHU19) is no exception, this setup is very similar to the one we just shared for ADAU19 which you can find in the related ideas below.
The signals are simple and as follow:
Break above resistance in the form of EMA5, EMA10, and EMA50.
Bull volume growing (above average - highest in the past 4 days)
Bullish RSI.
Higher lows...
Now, please remember that even with this setup, many bullish signals and bullish action already on its way, any trade/chart and still break down, so make sure to always have a plan and stop-loss in place when trading.
This is for experienced/advanced traders only... If you are a beginner, please check the Altcoins trades (Binance, Bittrex, Poloniex, KuCoin, Huobi, CoinEx, etc.).
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