BCHUSD Elliott Wave (Coinbase)

COINBASE:BCHUSD   Bitcoin Cash / U.S. Dollar
When Wave 3 is less than 1.62, the 5th Wave overextends itself.

From research, the ratio of Wave 5 will be based on the entire length from the beginning of Wave 1 to the top of Wave 3.

Extended Wave 5 = either 0.62 x length
(beginning of Wave 1 to top of Wave 3) or = length of
(beginning of Wave 1 to top of Wave 3) or = 1.62 x length of
(beginning of Wave 1 to top of Wave 3)

T1: $401 (support)
T2: $508
T3: $681
Trade active
Comment: Heading for $527
Comment: Quick Stat: BCH has traded above $1,000 during 9 out of 23 months of its existence (40%).
Comment: Bitcoin Cash currently above resistence on a huge potential ascending triangle. a confirmed breakout of this pattern would lead to $800s.
Trade active
Comment: Target: $682
Trade active
Comment: First U.S. government blockchain token to be backed by the Bitcoin Cash Network!
Trade active: $BCHUSD trade setup
Comment: note toBCH halving April 8, 2020
Comment: note to hodlers:* BCH halving April 8, 2020. Great long term buying opportunity.


Great idea check my idea out, would like to hear from you
where is the lambos? in the basement?
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