@haejin, do you think BCH would look better in a Triangle? If so, we could be heading down a little for the (E) to hit, right?
At the end it has the same results as you mentioned there are may ways to come to the same conclusion with E.W and Chart pattern Analysis.
But can you give some feedback? do you think a triangle makes more sense? or no?
I do exactly that, but start with dotted lines, and go solid when confirmed, and then extend the solid lines. You will be amazed how far their influence lasts.
what do you mean by extend the dotted lines? Just drag them out further and later down the road the chart will hit the lines?
Can you go into detail on that please?
BCH/BTC
Ohh Okay, perfect thank you for the picture. Thats very interesting
Yes, but I only extend the confirmed lines. For example, draw a line connecting the three ascending peaks and extend up. This will be future resistance, and then support.