BCHUSD
is poised for a BREAK-OUT! Technical Analysis:
BCHUSD
has been in a Bear Market Rally and has been consolidating for almost 8 months now. 1. Overall Chart (Weekly)
a. Regression channel since inception shows the price is in the UPPER channel and has been trending in the middle of the regression channel
b. White Trend lines show a large descinding triangle formation
2. Overall Chart (6Hr)
a. Small Triangle formation
3. Overall Chart (45Min)
a. Small 5 Wave Cycle and a Complex Correction
Ran out of time but will update soon.
-AB
코멘트:
Spiral Analysis
X Marks the Spot!
Spiral Analysis
X Marks the Spot!
코멘트:
BCH has broken out as expected.
BCH has broken out as expected.
코멘트:
코멘트:
Wave Formation to mark the end of the correction?
Wave Formation to mark the end of the correction?
코멘트:
Wave 3 targets=1-1.618
STOP=$524
Wave 3 targets=1-1.618
STOP=$524
코멘트:
Higher Degree Wave 3 Targets
Higher Degree Wave 3 Targets
코멘트:
Why the stop at $524.00?
Rules of Waves
Why the stop at $524.00?
Rules of Waves
코멘트:
Overview
Overview
코멘트:
Looks like the LOWER DEGREE Wave 3 is extending because it blew by the 1.618 Level.
코멘트:
Confirmed Breakout.
Confirmed Breakout.
Fibonacci Analysis and Targets.
-AB