after last bullish rally , its likely BCH is moving in a triangle.in my opinion , breaking down means failure of the whole cryptocurrency market at least for couple of years.lets see which way it will break out.
Komen:
i like elliot waves on weekly chart.this is an idea about bullish scenario, so dramatic.
Komen:
thats not so accurate.just for fun
Komen:
price broke downtrend from 1800
Komen:
inverse H&S at the end of downtrend.waiting for breaking neckline
Komen:
possible uptrend channel...
Komen:
this is also an idea that we started wave C of ABC correction.
Komen:
Touched support zone 700 area. Price will touch upper trend line.
