graham.edwards84
Long

BCHUSD showing divergence on the Stochastic RSI

BITFINEX:BCHUSD   Bitcoin Cash / Dollar
BCHUSD             is now showing strong divergence on the Stochastic RSI . this is usually a good reversal point indicator. I think we are very close to a breakout seeing this...
Kommentar: Is low volume a concern? Click on the chart please.

I see the trade volume is halved today, both eth.and ltc have surpassed bch, is that something we need to consider?
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@ixflo12341, to me that means it is ready to receive many new buyers... as soon as the breakout occurs you will see an increase in volume.
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ixflo12341 graham.edwards84
@graham.edwards84, do u think it's possible it will go down because of the low voulme?
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@ixflo12341, no I do not. There are no bearish indicators present at this time. If it broke down through the 200 MA on the 45 min chart I would reassess my opinion as this would be very concerning.
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ixflo12341 graham.edwards84
@graham.edwards84, hope you are right haha
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@ixflo12341, there's no "hoping" allowed in trading strategy... lol... well at least we will NOT admit that it is a part of our strategy... lol...
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sezcurra graham.edwards84
@graham.edwards84, Hey, price line already crossed MA 200, and so did MA 20. and Soon MA 50 will do the same...is that a signal of danger ?
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@sezcurra, on the 45 min chart? The averages are crossing to the downside?
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