BCH-Break Out or Breakdown?

Aug 27, 2018

BCHUSD is poised for a BREAK-OUT!

Technical Analysis:

BCHUSD has been in a Bear Market Rally and has been consolidating for almost 8 months now.

1. Overall Chart (Weekly)
a. Regression channel since inception shows the price is in the UPPER channel and has been trending in the middle of the regression channel
b. White Trend lines show a large descinding triangle formation


2. Overall Chart (6Hr)
a. Small Triangle formation

b. Bolinger Bands and Keltner Channel Squeeze

3. Overall Chart (45Min)
a. Small 5 Wave Cycle and a Complex Correction


Ran out of time but will update soon.

-AB

Aug 27, 2018

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Fibonacci Analysis and Targets.

-AB

Aug 27, 2018

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Spiral Analysis

X Marks the Spot!

Aug 28, 2018

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BCH has broken out as expected.

Aug 30, 2018

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Aug 30, 2018

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Wave Formation to mark the end of the correction?

Aug 30, 2018

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Wave 3 targets=1-1.618

STOP=$524

Aug 30, 2018

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Higher Degree Wave 3 Targets

Aug 30, 2018

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Why the stop at $524.00?

Rules of Waves

Aug 30, 2018

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Overview

Sep 1, 2018

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Looks like the LOWER DEGREE Wave 3 is extending because it blew by the 1.618 Level.

Sep 1, 2018

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Confirmed Breakout.