junoooo

BCH - Long way to go

Short
POLONIEX:BCHBTC   Bitcoin Cash / Bitcoin
Dear friends!

Actually we are in an ABCDE Elliott Correction Wave. This correction will go on.

As u can see we had some bounces from 62% and maybe 78% Fib Retracement Levels (left Fib)
When correction is over, we got targets @0.127 and 0.165 ... and, if u want to also 0.148 (right Fib)

I expect a full correction to our support/buy area @0.09. If u buy around 0.1 ... you are pretty safe and dont miss the run.

The whole movement is also displayed in RSI. Elliott Wave / trendlines ... supporting this idea.


Happy trading!

!! Mention: This is my personal opinion, no trading advice. Its your money, your trade, your risk and your responsibility.


PS: I marked both targets as TP1 .. cant change it anymore :(
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.