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Short
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BCHBTC short

97
A textbook rising wedge on the BCHBTC bitmex chart, with increasing price but declining volume, MACD histogram flatlining, CMF on the negative indicatingbearish momentum and EMA ribbon and VPVR resistance to the upside. No rational reason to long, but BCH is not rational these days so just DYOR first ;)
Note
The trade played out nicely, taking profits now.
Emel67
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Chart PatternsTechnical IndicatorsTrend Analysis

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Chart PatternsTechnical IndicatorsTrend Analysis
Emel67
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.