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ll21LAMBOS21
Jun 20, 2019 6:10 PM

BCHUSD Elliott Wave (Coinbase) Long

Bitcoin Cash / United States DollarCoinbase

Description

Coinbase:
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

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Heading for $527

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Quick Stat: BCH has traded above $1,000 during 9 out of 23 months of its existence (40%).

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Bitcoin Cash currently above resistence on a huge potential ascending triangle. a confirmed breakout of this pattern would lead to 800s.

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Target: $682

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First U.S. government blockchain token to be backed by the Bitcoin Cash Network!
reddit.com/r/btc/comments/c7vshk/local_us_government_to_use_bitcoin_cash_slp_tokens/

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BCHUSD trade setup

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note toBCH halving April 8, 2020

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note to hodlers:* BCH halving April 8, 2020. Great long term buying opportunity.
Comments
MartyBoots
Great idea check my idea out, would like to hear from you
Crypapi
where is the lambos? in the basement?
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