Bitcoin Cash (BCH): The Bottom Could be Complete and so Prices to go UP!!
Hmm, is the bottom in for Bitcoin Cash (BCH)? The below chart of BCH/USD shows a detailed Elliott Wave count with corrective triangle chart pattern. The a,b,c correction seems complete, especially since five blue subwaves are identifiable for the c wave down!
I've now added the forward discernment and thus identified the first impulse wave up (purple circled). If this is correct, then the current price just broke out of an a,b,c,d,e triangel and a full impulse could be completed.
Below is the BCH/USD pair and it has uncanny similiarity to the BCH/USD pair!
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
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
Follow me on Twitter for Real Time Alerts!!
If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTS Wallet - haejin1970
BTC Wallet - 15ugC4U4k3qsxEXT5YF7ukz3pjtnw2im8B
ETH Wallet - 0x1Ab87962dD59BBfFe33819772C950F0B38554030
LTC Wallet - LecCNCzkt4vjVq2i3bgYiebmr9GbYo6FQf
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.**