BCH couldn't test $515 so it dipped to the next lowest support at $365. Signaled entry at $365 beginning of February, now going for a re-entry of this exact same level.
Move is done falling, might wick a bit below the $365 support level, but all is well. BCH will consolidate before even attempting to move back up, so don't expect anything right away.
As always please do your own research, I am not a financial advisor.
Hello again ! That 515$ didn't play out huh? :)) No problem, will fly over that easly with the next Big up Wave III..Now, my analyse shows that this is not over yet, last corective wave 5 from this C cycle can go down to Fib 0.618 = 298 $. That will be the bottom of corection, if Eiott waves plays out as it suppose too.
realm_shift
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@arnnye27, he's made some lit calls tho. I don't think this is over just yet :)
arnnye27
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@realm_shift, No, it's not over..because 2 more downside legs are missing from corection , to get this E. wave C complet. I draw some lines on a chart wich i analyzed, but i can't post it. Don't know why.
arnnye27
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@arnnye27, Here are my point levels from my analyzed chart . Next wave 3 goes to $332, wave 4 bounce back to $ 357, then 5th down to around $300. Let's see if this will play out.