Pato99

BCH wave 2 incoming

Long
Pato99 Updated   
KRAKEN:BCHBTC   Bitcoin Cash / Bitcoin
After the first successful pump of BCH we can await further bullish continuation with a second wave which will be followed by a sharp dump.
This requires BTC to stay in it´s current sideways range between 4000-4400 USD
Comment:

to enter this trade we should wait for a bullish signal because we could enter a short sideways consolidation which can last the whole day.

i will update this chart once i think we will reach this point
Trade active:
Bought 1/5 Position
Trade active:
Bought 3/5 position
Comment:
bought full position
Comment:
actually not a fan of Elliott Waves but it looks good
Comment:
dumped everything for 0.165

if there will be a third wave ill post a new update
Comment:
unfortunately missed wave 3 as i was asleep
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.