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BCHUSD - Long Position - Oversold
Bitcoin Cash
Long
BCHUSD - Long Position - Oversold
By vf_investment
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Oct 12, 2022
4
Oct 12, 2022
Looking at the chart of BCHUSD we can see an oversold condition on 4h timeframe which means a long position is possible.
Following the Bollinger Bands and the RSI 14 we can see the price has touched the lower band and the RSI has been below 30.
The aim is to take profit at the resistance line shown in the chart.
All further details are shown on the chart.
Goodluck!
BCHUSD
bitcoincash
bollingerbandstrategy
Cryptocurrency
Technical Indicators
LONG
oversold
rsi_oversold
Technical Analysis
Trend Analysis
vf_investment
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