History Repeating Itself? | BCH Predicted to Hit $160Are y'all seeing the same pattern I'm seeing? We are experiencing almost the exact same moments back in 2017!!!
FIB:
-With the 0.236 placed at the top of the first major rally after the final fall, we see this play as an area of support and a correction at the 0.702 Retracement level BOTH in 2017 and now.
- Do you think the 0.236 Level will play as a support? Comment your thoughts down below!
Patterns:
- I used Elliot waves (12345) (ABC) to try to find a pattern and a correlation to the history of BCH. I'll let you be the one to decide if you see the patterns.
- Let me know if you found something better in the comments bellow!
MA:
- We want to see resistance play out for the next few weeks if we want to see this pattern play out correctly, for this will help the price reach lower.
- Do you think were in for another huge fall? Comment below!
RSI:
- RSI will hopefully show resistance levels at the .60 for accouple weeks
