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Nick_Core
23 nov. 2017 20:39

BCH Elliott Waves Long

Bitcoin Cash / BitcoinPoloniex

Description

If we dont see any major manipulation today, we are on the 4th wave as of this writing, I dont typically chart Poloniex for this as the volume is not to my liking for accuracy, but Poloniex has seen some massive interest in BCH.

Commentaire

One thing that helps with confirmation of Bitcoin Cash's movement is tracking BTC and its movements, so far they reverse in tandem.

Commentaire

Also, as a note.... I shortened the impulse waves fractal waves to a-b-c.

Commentaire

Bitcoin cash currently sits on a resistance turned support level, the Elliott waves above semi tracked but Bitcoin is stealing the show with a ATH test again, that people are calling a bear fake out.I will detail my view on that on my BTC link in the comment above.

Commentaire


Entirely dependent on what BTC does.
Plus