Bitcoin Cash Breakout

Bitcoin Cash has continued its rally, pulling back only slightly to join IOTA in entering the second phase of the impulse wave. It is a banality at this point to mention that we have been pushing the upper bound of the KRI during this breakout, and a red triangle marks a brief retracement, that should portend a possible buying opportunity especially if BCH retraces further. Watch for it to form a dragon head formation before breaking out again.

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