BCH is at the bottom of the horizontal channel again on a strong support line (yellow dotted line). Its also got quite a distance away from the EMA so would expect it to get back to that and cross over it towards the top of channel.
OBV is showing clear bullish divergence (purple line) and buying volume is increasing overall.
Momentum on the MACD has slowed to the downside and should be about to reverse.
Hoping to atleast get back to top of the channel.
For information purposes only. This is not financial advice.
OBV is showing clear bullish divergence (purple line) and buying volume is increasing overall.
Momentum on the MACD has slowed to the downside and should be about to reverse.
Hoping to atleast get back to top of the channel.
For information purposes only. This is not financial advice.