BCH Pump, ready to meet resistance???
BCH had a nice pump this morning 1/30/2019, another surge is likely to follow. Keep an eye on the white diagonal resistance for a break or an opportunity to short. The red horizontal lines are resistance for key areas to pullback. A decisive push above these levels will confirm a reversal wave to long (unlikely).
Indicators to short:
1.) When the SMII begins to show bearish downward trend and cross above 0
2.) Bearish RSI Divergence
Happy Trading :0)
This information is not advice to sell or buy, only perspective on TA.
Indicators to short:
1.) When the SMII begins to show bearish downward trend and cross above 0
2.) Bearish RSI Divergence
Happy Trading :0)
This information is not advice to sell or buy, only perspective on TA.
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