BCH and the Ultimate RSI ignore

imagine bch tested this trend line flip and continued north?
rsi topped in the NINETIES

Note

Going to zoom in on this pump and look at a few more trend lines in play

This is the 4H perspective.

Note

On the hourly chart, we have 2 touches to 95 on the rsi back to back.

This gives an even closer look at how powerful this bullish action was.

Look at the steepening of the slope across the simple moving acerages.

This kind of movement was either lagging behind the market, or is over-extension.

Note

lastly, a look at the 30 minute chart

the price action looks to test the 50 sma already. This could be a sign for yet another continuation north.

I wanted to share the show this action from the daily, 4H, 1H, and 30 minute.

What a day for BCH!

Note

BCH is super overbought on the daily rsi.

This kind of growth doesnt seem sustainable in my opinion.

There might be a good short opportunity here.

Just place your SL slightly above the high around 330-335

The .618 retracement for this huge impulse would bring it back to a key level it blew through.

BallsOfSteel32

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BallsOfSteel32