Bitcoin Cash has BO on INCREASINGLY BULLISH momentum..

in #bitcoincash • 7 years ago

180216_BCH_D.jpg

Bitcoin Cash (BCH) had an upside BO today, since daily momentum turned INCREASINGLY BULLISH a couple days ago. Appears likely to move higher and test the 50d SMA near the 61.8Fib retracement shortly. PA should move higher over the next several weeks. IMHO.

The MACD recently formed a bullish up-cross a few days ago, with an expanding positive histogram. Should move higher from here. The Stochastic has formed bullish higher-lows since early-February, and up-crossed the 20.0 line becoming oversold a couple days ago, thus confirming INCREASINGLY BULLISH momentum.

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#cryptocurrency #blockchain #bch
7 years ago in #bitcoincash by
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     7 years ago (edited)

    I saw this a while ago so, I just dropped a decent sum of cash on BCH on the 12th. I will be watching it closely...

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     7 years ago 

    If you just got on to Bitcoin Cash now - you will be rewarded for purchasing at these levels. PA should move higher, very shortly. Bullish momentum is developing fast.. Goodluck!

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