Bitcoin Cash (BCH) Update: Wave 5 Target $2,922; BCH/BTC Target $0.3168
SUMMARY
Forgot to include Bitcoin Cash (BCH) update in the BTC morning update. Below is the further out price pathway discernment. BCH is clearly trending and that's good. Once the $2,068 target is hit, and post a wave 4 correction, price could reach $2,922 or so for wave 5. Then a sizable a,b,c retracement as shown in below chart.
The BCH/BTC pair is also clearly impulsing. Once price breaks out of the blue bullish downward pointing triangle, wave 3,4 and 5 should bring price to 0.3168 BTC or higher.
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
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Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**
Thank you Haejin for your continued postings and updates. They are truly a blessing and something i look at continually.....blessings!🙏😇
@haejin following your updates one after the other. thanks for sharing your knowledge. this is a perfect contribution for the steemit community. upvoted and reesteemed. @gold84
I went to the BCH for $ 1561 waiting for him to $ 2100 reaction to the first sale of the BTC did not keep you waiting
Thank you very much, I religiously listen to your advice everytime you post a video. So far, this has brought me profits. So once again, thank you @haejin !
bitcoin increase day by day.
Bitcoin is king.
Maybe, maybe not. A King is nothing without its subjects and a realm. If the realm falls or all the subjects die, the king will fall and die as well, never forget that.
https://steemit.com/bitcoin/@nasirjones007/bitcoin-price-technical-analysis-upwards-to-9111
Hi @haejin (or anyone else with an opinion on the matter)! What exchange would you recommend purchasing BCH on? Have heard mixed reviews about many. Thank you!
Bittrex and Bitfinex are pretty good, try to avoid Kraken: it's a pain in the neck to set up your ladders and laggy as hell!
Binance is currently my preferred exchange. Use two factor authentication to avoid withdrawal delays. Maximum withdrawal of 2BTC/day, without verification. Changelly is also very reliable, and charge 0.5% fee.
na, BCH go to down, bad analysis for BCH.
Bad analysis BCH go to down.....
nahhh
Haejin doesnt do bad analysis. He might not always be right but his analysis based on elliot waves is very good. No one is ever perfect, but Haejin is darn close.......BCH is gonna go up!!! Dont be moved by emotion or fear🙏🙏🙏😇😇😇
Man the analysis not good, if you check fibonaccis level BCH must be correcting to 1500 or less, and maybe go to up later.
What is the bottom on BCH? Before the next wave