Long
Updated

BCHABCBTC Massive 215% Elliott Wave Trade Set up

353
Posting this as a separate chart so I can see how it plays out. Massive 215% potential Elliott Wave trade. Look at my charts linked below for a in depth analysis.
Note
Cashscript is coming, bringing Ethereum-like smart contracts to Bitcoin Cash!
news.bitcoin.com/cashscript-is-coming-bringing-ethereum-like-smart-contracts-to-bitcoin-cash/
Trade active
Note
Bitcoin Cash Development 2019 (so far):

Atomic Replay Protection
Non-custodial Financial Service
Schnoor Signatures
Cashscript (coming)
November Network Upgrade (coming)
Note
Bitcoin Cash 2020:
Bitcoin Cash halving around April 2020. 1 month before Bitcoin halving.
Note
BCH dominance + BCH market cap +TOTAL crypto market cap analysis

Bitcoin Cash Dominance + Total Crypto Market Cap Analysis
Note
More structural evidence Bitcoin Cash surge is near:
snapshot
Trade active
BCHABCBTC go time.
Note
BCHABCBTC UPDATE:
Feb - March ABC sideways pattern retraced 71.8%
May - June ABC sideways pattern has retraced 71.8%

We are still searching for a bottom and next move (surge) targets will slightly change depending on where we find the bottom.

As it stands right now (if no new low is hit):
T1: .065+
T2: .076+
T3: .092+

Best of luck.
snapshot
Trade active
Trade active
Trade active
BCHABCBTC at 200D MA. Next targets
.06+
.07+
.09+
Note
Correction: BCHABCBTC at 200D EMA. 200D MA just below. buy regardless
Note
BCHBTC and BCHABCBTC moving in 3s. this signals a trend reversal
Note
BCHABCBTC double bottom
Note
Correction: BCHBTC double bottom*
Note
buy .04294 - .0431
Trade active
buying every dip
Trade active
Trade active
BCHABCBTC bottom is in: snapshot
Trade active

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.