Long Term BCH Trading Guide: Key Levels, Elliott Wave, Fibs

Here's my guide I'm using for for the next 6-7 months.

Catalysts
Cashscript
Bitcoin Cash City
November network upgrade
April 2020 halving

Expected peak: 45 days before the halving (end of February)

T1: $974.31
T2: $1,418.84
T3: $1,863.37
T4: $2,138.09

Bitcoin Cash 2019 growth is impressive. I believe Bitcoin Cash is the most overlooked coin in the space and one of the best long term investments. Good luck hope this helps.

Trade active

Bitcoin Cash on chain transaction volume up 1073% since the low. 914% of that coming in the last 4 months.

up 323% since the low. Peaked at 607%.

Note

Bought more

Note

Buy zone posted July 27th, 2019. Currently in buy zone:

Note

Upgrading and to Strong Buy.

Note

^
Current = $9,685
Current = $292

Added at $284

Trade active

Time to start averaging into $BCH. Wave 1 complete. Wave 2 complete or near completion. Price is currently at the 61.8% retracement (the golden ratio). We will soon be entering Wave 3.

Note

Updated Wave 3 Targets:

ll21LAMBOS21

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