Going down! ah well this chart is inverted, Down is Up, Up is Down, it's the festival, the clown . What outbreak is next up in the world ??? 2020 is on FIRE!!!!!!
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This is not...
Don't adjust your monitors, bitcoin is correcting, but may only shallow out and leave you in the dust.
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This is not trading/financial advice.
I guess I'm going to start calling this the Mikeiavelli Wave since it's not exactly an Elliot wave, but really just an Elliot wave setup that is using price's distance from an exponential moving average to chart the wave instead of the literal price action of bitcoin cash/bitcoin.
So I spotted something while setting up this BCH chart, and that the targets of...
