DenzelitoTrades

History Repeating Itself? | BCH Predicted to Hit $160

Short
COINBASE:BCHUSD   Bitcoin Cash
Are y'all seeing the same pattern I'm seeing? We are experiencing almost the exact same moments back in 2017!!!

FIB:

-With the 0.236 placed at the top of the first major rally after the final fall, we see this play as an area of support and a correction at the 0.702 Retracement level BOTH in 2017 and now.

- Do you think the 0.236 Level will play as a support? Comment your thoughts down below!

Patterns:

- I used Elliot waves (12345) (ABC) to try to find a pattern and a correlation to the history of BCH. I'll let you be the one to decide if you see the patterns.

- Let me know if you found something better in the comments bellow!

MA:

- We want to see resistance play out for the next few weeks if we want to see this pattern play out correctly, for this will help the price reach lower.

- Do you think were in for another huge fall? Comment below!

RSI:

- RSI will hopefully show resistance levels at the .60 for accouple weeks

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.