when breakout the whiteline, target 800 to 1000 sat. dont forget to always put SL.
The stellar showed a good sign of breakout few days ago. If the retracement has finished at the level of 0.25 dollars (my primary wave 4 - red line), then a new bullish wave is coming. the sub-wave 1-2 (indicated by the orange line) was also completed, the next is sub-wave 3 which is the massive profit. My count put the sub-wave 3 (orange line) at 0.8 dollars....
It is clear that the BCHUSD is moving to 8K dollars, the first and second wave (A & B) have been completed with enough volume to take attention the buyers. Now we are in the 3rd wave (C) with the target of 5600 dollars. In addition the daily MACD and RSI Stoch show bullish signal. Hopefully, one or two weeks the final target (over 8k dollars) can be reached.
I am wondering why people fear with this healthy correction. In contrast I am happy seeing the bottom at below 1.6 dollars, so that the Fib 4.236 (8 dollars) can be achieved as predicted from logarithmic channel. I know some people disappointed with this altcoin but the bullish is not end. We will see buying activity soon, and I wish the ultimate target can be...
I think the Waves will surprise us by next week until February. Hopefully the maximum target will be 100 dollars meaning hundreds percent profit from current position at around 10 dollars. The current correction is very healthy and indicators (RSI Stoch and MACD) show bullish signal. However, movement of the Waves (even for all cryptos) depends on sentiment. Let...
I think the Waves will surprise us by next week until February. Hopefully the maximum target will be 100 dollars meaning hundreds persen profit from current position at around 10 dollars. The current correction is very healthy and indicators show bullish. However, the movement of Waves (even for all cryptos) will depend on sentiment. Lets see, time always moving on.
Call me crazy, but the chart and history tell me something. We are in the the third wave pointing to 8 dollar, in the sub-wave our position is in the D wave correction. Hopefully once the correction done, our profit will gain significantly.