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EuroMotif
May 4, 2019 5:28 AM

BCHUSD has energy for one more leg up? Bitcoin Cash targets 

Bitcoin Cash / United States DollarCoinbase

Description

BCH has been leading the large cap coins again.
Looks like it has enough energy for one more push.
Key is the 3.618 fib which must hold if tested.

277 will preferebly NOT be tested or bounce strong.
297 is immediate hurdle, 300 round not so important.
382 would be nice wave 5 end, 403 an extended one.

Comment

Sorry for lack of updates, not much to report, other than this plan has NOT been in-validated yet.
BTC has been sucking up all of the oxygen in the space. The majors (BCH, ETH, LTC, XRP) are in a "holding pattern", ALTS are in "Abandon Ship" pattern. BTC looks like it might be topping so now is the time to watch the Second String (majors) then the bench-warmers (shitcoins)

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Comment

Here we go


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Comment

Zooming in on the last leg up, I have been watching this Fib
holding zones nicely, and energy still pushing upwards.

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Comment

Target zone hit. Probably NOT done yet
BTC currently in beast mode still. When it cools down, I expect one more push by the Second String players (eth, ltc, bch, xrp)

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Comments
veryevilone
nice one
EuroMotif
@veryevilone, ty friend
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