Bitcoin Cash (BCH): $10,805 Target!!!
NOTE: If this blog gets downvoted; @ranchorelaxo has our backs!!
NINE LOOOONG days ago, I had projected $3,333 for Bitcoin Cash (BCH). The below chart was used. The analysis was based on the fact that Cryptos just LOOOOOVE triangle patterns.
Here is how that $3,333 target was taken out! I'm convinced that we are in the early stages of the Altcoin Popcorn Symphony!!
Here is the Forest from Trees perspective:
The BCH/BTC has also taken down the projected 0.21 BTC target as had been projected. Not too shabby! The ascending right triangle pattern was used to determine the upside!
Here is the "Forest" from the "Trees" perspective for the BCH/BTC pair! Im targeting 0.812 BTC!!!
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
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Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**