Bitcoin cash update. Expecting new historic top!

andriustovis (47)in #cryptocurrency • 7 years ago

Bitcoin cash with 5 subwaves completed first impulse (1) and started correction in (2) wave. Currently I see simple ABC zigzag and it could be all the correction, so if it breaks the trend line with strong momentum upwards I expect continuation to new historic high in (3) impulsive wave:

On the other hand this correction is a bit to shallow, so it could develop to an wxyxz more complex and deeper correction:

Bigger picture view:

Note: This is not a financial advise or trade call, it's only my personal opinion and arrows in the charts shows just an indication of direction, not the specific points or targets!