graham.edwards84

BCHUSD landing on support

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graham.edwards84 Uppdaterad   
BITFINEX:BCHUSD   None
Looking good for a nice landing on the 50 MA on the 5 min chart or 20 MA on the 15 min chart and gaining the support on the 200 MA
Kommentera:
Testing the support to make a double bottom now... still great pricing in my opinion
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it really should hold here or we may have some concerns...
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Just a few more minutes until the launch and we will see more velocity in an upwards thrust. Last chance to increase your positions at a good price.
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It's struggling a little bit here to turn the 200 MA around. This moving average is like a 747 plane compared to the 20 MA being like a fighter jet. So many things to consider when charting. The downward force of the 200 is crushing the wave downward a little bit delaying the rally. It will take a little more time. Don't panic here.
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