Possible structure could develop

POLONIEX:BCHUSDT   Bitcoin Cash / Tether USD
Trade with your own risk, don't overtrade
Comment: last one was the BE trade, I'll go bull for the next one. Forecast still the same


Interesting idea. What is your reasoning for the 3k resistance and drop to 1k? The only thing I can think of is that the last wave was caused by Coinbase/GDAX news and may not be relevant to our current break out. I don't think that would cause a drop like that though.

jollygreen jollygreen
Sorry for the double chart post.
KiemTei jollygreen
@jollygreen, it's unnecessary to moves like I forecast (crawling then spike as your 3rd way in pic). But if it really did, I would give me higher probabilities trades with better risk and reward.
And about how it moves, it's wave theories to tell behaviours of price.

Hope you have a great day.
no way this drops to 1000...
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