AlanSantana

✴️ Bitcoin Cash Support Confirmed, Next Target 150% At ...

Long
AlanSantana Updated   
KRAKEN:BCHUSDT   Bitcoin Cash / Tether USD
We have a perfect correction here based on classic numbers and patterns.

Bitcoin Cash went down after a major bullish wave and bounced perfectly off the 0.618 Fib. retracement level.

It actually wicked below this level but the candles all closed above it.

This is supported by low volume on the drop and now the indicators going bullish.

We also have a flag which are all strong, classic, bullish signal.
This is textbook stuff.

Going by the books, let's project the next target for this bullish wave that is just getting started...

First, let me say that more good news are coming to the market based on what I am seeing right now. For this target to hit, it means that we will see something big.

Anyway, $559 is the next target based on the Fib. extension tool.
That's a 150% potential from the current price.

If we count from 10-June low to the next potential target, we are looking at a total of 516% or 5X. Sounds like normal Crypto to me, I wouldn't be surprised to see this happening. Now, looking at these numbers, I can tell where all the other Altcoins will stop next.

Make sure to follow, as I will share all the targets for all the top Altcoins.

Thanks a lot for your continued support.
Bitcoin will grow as well and most likely beyond $40K.

Namaste.
Comment:
Support is being tested and confirmed.
Bullish bias becomes stronger.

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