junoooo

BCH - Long way to go

Short
POLONIEX:BCHBTC   Bitcoin Cash / Bitcoin
Dear friends!

Actually we are in an ABCDE Elliott Correction Wave. This correction will go on.

As u can see we had some bounces from 62% and maybe 78% Fib Retracement Levels (left Fib)
When correction is over, we got targets @0.127 and 0.165 ... and, if u want to also 0.148 (right Fib)

I expect a full correction to our support/buy area @0.09. If u buy around 0.1 ... you are pretty safe and dont miss the run.

The whole movement is also displayed in RSI. Elliott Wave / trendlines ... supporting this idea.


Happy trading!

!! Mention: This is my personal opinion, no trading advice. Its your money, your trade, your risk and your responsibility.


PS: I marked both targets as TP1 .. cant change it anymore :(
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