Elliott Wave - Complete 8 wave cycle forming??
Updated
BCC has had nearly perfect pullbacks to the 61.8% fib lines on each leg up (didnt include here because it looks too cluttered), line 5A represents the first downard impulse wave with the corrective wave AB setting up at the time of drawing. Looking for a pullback around the 23.8% fib level which also served as a support line on the first run to ATH.
Bitcoin cash is a weird beast though who knows what will happen, I will be dumping my remaining BCC upon confirmation of a downtrend from here regardless.
Bitcoin cash is a weird beast though who knows what will happen, I will be dumping my remaining BCC upon confirmation of a downtrend from here regardless.
Note
aaaaaaand its dumping
Follow me on Twitter! @LincolnDevine
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.