Please see the picture for analysis. Disclaimer: I own cryptocurrency and are a trader. This analysis is for communication purposes only and is not intended as an investment or financial advice. Please pay attention to trading risks. I hope everyone will have a good deal and become an encrypted whale sooner.
The market verified the pre-judgment. It seems to have made a deal that looks less perfect. But you can let the profit run for a while.
In the past few days, BCH's 15-minute market chart teased me. Because MACD and RSI frequently send out wrong trading signals. RSI frequently fails to swing.The combination of Cardwell and RSI requires careful study. The wrong signal, I used the cross mark, the correct bullish I used the up arrow to mark it, the correct bearish I marked with the downward arrow.
The price crosses the cloud baseline and the downtrend has another evidence.
Please see the picture.
I will bearish on BCH/USDT in a few days .Personal analysis is not as investment advice.
If the price reaches D, the bat bearish mode is established.