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
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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?
graham.edwards84
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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.
ixflo12341
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@graham.edwards84, do u think it's possible it will go down because of the low voulme?
graham.edwards84
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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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