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?
Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
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Nice, hope we get TA for TRON
What do you think about this analysis?
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
@haejin what is your time frame for it's breakout?
Haejin can't tell time!!! Cause his time on #Steemit is up!!!
Bitmain saturated the market with miner sales.
Huge amount of Bitcoin Cash to be dump at higher ( Bitcoin ? ) price.
Can we please get an analysis on #KBR88? It is a new coin & looks very interesting.
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.
What do you think about this analysis?
what about btg bitcoingold
Thank you for good information
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Very nice and thank you for sharing
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