BCH (Bitcoin Cash) / USD - 09 May 2018 - correction in progress
Bitcoin Cash completed the whole 5 waves structure and as usual now correcting.
Buy zones:
- 0.382 Fibo
- 0.5 Fibo
- Golden Pocket between 0.618 and 0.65 Fibo
Best practices: Ladder your buys all the way down between 0.382 and 0.65 Fibo.
Stop loss, support zones and the probable time on screenshot.
Legal Disclaimer: This blog post and the materials in it are for informational purposes only. I'm not an financial advisor. This is only my opinion. It is not advice or recommendation to buy or sell according to provided information about the price movements and I am not liable for any pecuniary damages!
It always takes some time for a bch correction. Thx for this analysis. I've the same toughts.