BITFINEX:BCHUSD   Bitcoin Cash / Dollar
BCHUSD             natural bitcoin?

the graph shows the previous Fibonacci grid, if the downward movement is maintained, then the levels from which the price can bounce up
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the next question to you, here is looking at how this chart looks like what conclusions can be drawn? Where will the price go?
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If the world is crazy, we can achieve these targets
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presumably the price can bounce into this rectangle , and there may be a chance to sell on a small growth
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and there is another option, if we move sideways, then most likely it is an intermediate correction
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Komen: previous
Komen: expressed all his thoughts, I hope helped. as will appear in my head - I'll write
Komen: and inly theory
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But if there is a combination of zigzags, then the goal changes slightly. but when you return to the local minimum, sell. because everything will go even lower
Komen:
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if you look at the history of what was in the previous movement, then here is a combination of two zigzags, so maybe it will be repeated now
hodling my bags ;-; heavy
Balas
Good thoughts. We need to be absolutely sure we are not in a major correction wave. I'm guessing if were, BCH would have dropped quickly, but instead it is moving sideways and a little down slowly. What do you think? Still some steam left in the engine?
+1 Balas
@imkeshav, I think that if he fell quickly, until yes, most likely it would be the end. But he does not fall. Accordingly, there is still petrol in the engine.
Balas
jvcorral RealDaniil
@RealDaniil, what do you think we could wait for the next months? Bought at 1,700 should I SL or hold my bags?
Balas
@jvcorral, now we can see correction to 3200, and flat or go to 2000
Balas
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