Crypto-Swing

Bitcoin Cash (BCH) - Structure and Targets

Long
COINBASE:BCHUSD   Bitcoin Cash
I present a study in BCH, using the weekly log chart.

Some structure with a rising Channel and Pitch Fan (wedge) overlay is observed with an Elliott Wave count applied demonstrating potential for new highs. A number of Fibonacci Projections are applied to align some possible price targets.

Do you think we are about to drop through the floor, or rally to a higher-high? Let me know in the comments.

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