BCH - Get ready for 5th wave to $650+

4th wave appears to be ending as a triangle (as they usually do). Note that we need to hold above $500-510 for this structure to be valid, also 200 Day EMA (pink) is adding support at 510. Breakout can be considered above $550

50 Day EMA (orange) has crossed 200 Day EMA which is bullish.

All the best. Be Aware Be Safe

Comment:

Comment:

Our support line held exceptionally well and we did not go below $500 keeping our impulse structure valid

Trade closed: stop reached