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We are currently sitting on a strong support of Longs vs Shorts on BCH. let's see if we bounce here
Ethereum formed a cup and now building the handle.
The breakout can only happen when bitcoin also take off.
We touched this support level of longs vs shorts before the last bullrun!
Get ready to finally be rich!
Look at the redlines, these are major supports and resistance.
Greenline is huge resistance i think so
I would short around 7250 because we go down to 6200 for a bounce.
The elliot wave drawn is in a bullish scenario where the wicks are not considered for a correct elliot wave.