Long

BCHUSD - Bull flags, pump imminent

A bull flag fractal pattern is draw on the chart. We should see a 5 wave impulse, the first wave to test 4k, wave 2 to retrace, wave 3 to attempt again and breach 4k, 4th wave will find 4k as support, and wave 5 could go up to 4500 or beyond (hard to tell where it might end because we are at all-time highs).

Also, just because crypto charts seem to love triangle corrections, I've outlined a probably ABCDE correction.

Let's see how it pans out.
BCHBCHBTCBCHETHbchlongBCHUSDbchusdbuybchusdlongbchusdtbitcoincashChart PatternsTrend AnalysisWave Analysis

Related publications

Disclaimer