BCHBTC Targeting movement to 1988
BCHBTC appears to be exiting a Wyckoff accumulation pattern of a Descending wedge.
Currently BCHBTC appears to be on Wyckoff Phase E
Wyckoff Phase E is where price attempts to break out of the top of the range
In the current BCHBTC setup the top of the range is close the area on the graph marked 'Target'
Hence I'm expecting BCHBTC to target close to this area at around .028 btc or approx 1988 USD.
Note: this is a monthly candle setup and BCH is not the fastest moving cookie in the box hence be patient and HODL
Currently BCHBTC appears to be on Wyckoff Phase E
Wyckoff Phase E is where price attempts to break out of the top of the range
In the current BCHBTC setup the top of the range is close the area on the graph marked 'Target'
Hence I'm expecting BCHBTC to target close to this area at around .028 btc or approx 1988 USD.
Note: this is a monthly candle setup and BCH is not the fastest moving cookie in the box hence be patient and HODL
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.
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.