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BSVCF
Nov 18, 2017 4:42 PM

BCHUSD Bitcoin Cash Expecting to complete the Z wave impulse. Long

Description

Fully expecting BCH to complete the impulsive Z wave to around the area marked on the chart. We should then see some form of correction

Ignore the chatter on your favourite Social media platforms, just because people hate a coin, it doesn't mean it won't move. In-fact it is often the opposite.

If Bitcoin Cash rises, it also doesn't mean Bitcoin Core will drop. They can co-exist.



Trade active

Took a while longer than expected with the X wave more drawn out, however, we should now see the continued move towards our target.

Trade closed: target reached

Took a little longer but target reached.
Comments
PeteMate
Thank you for your analysis. Am I seeing a support line here of $1214? If we fall below this can the trend still happen as described?
Doc-al-Citadel
Thanks
Doc-al-Citadel
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