Bitcoin Cash (BCH/BTC): Breakout Potential is High!
SUMMARY
Bitcoin Cash (BCH/BTC) pair is very bullish in that the whole correction is nearing the completion state. Price is so close to the apex. The MACD is same in pattern and status; it too is very close to the apex of the symmetrical triangle. What do you thinks is the next likely occurence? A breakout or a crash? Does the MACD look to have enough mobility within the contracting lines to setup a crash? Does the chart look like a crash scenario?
The Elliott Waves show the the blue WXY is almost, if not already, done! There is a high potential for a breakout! There is a symmetrical triangle within the larger one and it's labeled with red ABCDE which is complete and that made up the blue Y which should also be complete. When a correction is complete, what happens next? Would this be an ideal time to be taking BUYING or SELLING actions?
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Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
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Tutorial on the use of Fibonacci & Elliott Waves
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Nice, hope we get TA for TRON
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Coins mentioned in post:
Thx and thx again!
Thanks for being such a great SCAMMER #Hgin
Bro what do u think about RPX ? And LRC
He's not your Bro!
BRD ARN??
What do you think about this analysis?
I initially had high hopes for BitcoinCash, mostly because of how easy it was to mine at the beginning of the fork. Over the past many months (ignoring the 'crash' a few months back) I have slowly been trading out my BitcoinCash for Litecoin and Bitcoin. I must admit that I have been having a little fun over there at Binance too! -Respect
Can we please get an analysis on #KBR88? It is a new coin & looks very interesting.
@haejin what is your time frame for it's breakout?
Haejin can't tell time!!! Cause his time on #Steemit is up!!!
I have this exact feeling too, we just have to wait a little more to find out, most of todays growth was sustained.
Fingers crossed.
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i followed you @a-0-0