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Bitcoin Cash
Short
Updated

BCH - All set for a final drop below $200

440
This can be considered as a large WXY or a 1-5 waves. Either way there appears to be one more drop considering that we also have a bear flag

Alternate count
snapshot
Note
The consolidation turned out to be a triangle, common for a 4th wave. Also triangles are usually a continuation pattern and precede a final move of the trend (here downwards)
Confirmation: < $216
Invalidation: > $235
Targets: $290- $270


snapshot
imkeshav
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Chart PatternsTrend AnalysisWave Analysis

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Chart PatternsTrend AnalysisWave Analysis
imkeshav
Follow me for more updates
twitter.com/imkeshav
youtube.com/channel/UCskbBdZstBUQ_4y2o912zzw
Also on:

Related publications

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.