Bitcoin Cash, Potential Flag-Formation, How It Completes!

Hi,

Welcome to this analysis about Bitcoin Cash, we are looking at the 4-hour timeframe perspectives. Bitcoin Cash bounced with this initial bullish move to the upside where it now firstly pulled back however these pullbacks were not that strong and Bitcoin Cash managed to hold the structure in which it now established this descending-channel-formation with the coherent wave-count within and the waves A to C almost already completed. When Bitcoin Cash now moves on to stabilize further in the structure this can lead to a sufficient breakout above the upper boundary and when this happens it will be the setup for further continuation and completion of the channel-formation as a bull flag. For now, it is important to elevate how Bitcoin Cash moves on with the potential breakout, it will be an interesting journey ahead.

In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best!
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Information provided is only educational and should not be used to take action in the market.