BCH bounced to a perfect 5.618 fib extension (common wave ender). If has been pulling back along with the rest of the crypto market. The drop has been well behaved in terms of Fib Ratios (red series).
$ 224-225 is first support (should bounce or at least pause). $ 219-220 is critical support (better bounce strong and fast). $ 213-215 will be bad news (double bottom that wont hold).
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See some of my other plots and trade calls below. I also plot Forex and Stocks, take a look at my profile page.
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Of course, I have had total FAILS on some ideas too, not going to pretend. But all of my plots show PRECISE entries, TIGHT stops, and EXACT targets. Precision is the way of the Fib. Almost every turn happens at a Fib Line.
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At a Decision Point Hugging this little zone and looks like wants to break higher
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BCH went higher than it should have (to suck in longs) and is now approaching my first zone of interest, $225
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So we pierced the $225 zone and almost Pinged the red 2.618 below it so now I will wait for the next lower zone to ponder an entry.