Hello, today we will introduce Bitcoin Cash (BCHABC). It managed to reach 226% growth since the beginning of the year, making it a very volatile financial asset. The picture can look at shaping the indicator cup and handle (which predicts a positive bullish trend for in the future. You can look at the main goals that you can reach (each one is based on analysis...
LOng BCHABC/USDT, BUY: 0.05000– 0.05200 , SUPPORT at 0.043650 – 0.047950 TARGETS: (1) 0.05720 (2) 0.06130 (3) 0.06410 (4) 0.07370 (5) 0.08220 (6) 0.08830 (7) 0.09250 (8) 0.09980 End of the year could be on 0.40000 Aprox.
Posting this as a separate chart so I can see how it plays out. Massive 215% potential Elliott Wave trade. Look at my charts linked below for a in depth analysis.
Using Elliott Wave Theory to analyze Bitcoin Cash Dominance $BCH.D + $TOTAL Crypto Market Cap. Total Crypto Market Cap: $277-$307B Current Bitcoin Cash Dominance: 3% Future Bitcoin Cash Dominance: 9%-10% Current Bitcoin Cash Market Cap: $8.1B Future Bitcoin Cash Market Cap: $27B (+333.33%)
Bitcoin Cash May 2019 = Bitcoin Cash April 2019. Bitcoin Cash April 2019 surged 100%+. Weekly RSI = 60 23.6% Fibonacci Retracement = $1,068 Elliott Wave Theory + Fibonacci Retracement + RSI agree $BCHUSD is heading for $1,000.
We have same configuration like BTC. For now we do not do anything except wait ! We should back to 390 $ . Good price for buy with strong SL. if we break blue line and go to red a lot of chance go to 320 $ perfect condition for buy and have our first target 440 $ then 530 $ If you want to update give me a like.
Bchabc/usdt analysis The upcoming target is 531.97$
Thank you for understanding the graph! Either if we can break the resistance then we go to $ 360 or we go down a little lower then we go back up to +30% you had to do nothing and stay careful I will update if I have more than 15 likes.