ew-forecast

Bitcoin Cash Looks To Be Forming A Bullish Triangle Pattern

Long
COINBASE:BCHUSD   Bitcoin Cash
Bitcoin Cash with ticker BCHUSD made a strong recovery back in July which might be wave III because a drop from $330 is overlapping, thus it can be a correction, so ideally that's a wave IV retracement, meaning that uptrend can still show up for wave V. But, maybe we will have to wait on a bullish breakout a bit longer as current price action since July can be an ongoing A-B-C-D-E triangle.

Elliott Wave Service
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