Bitcoin Cash (BCH/USD). Two options of consolidation.
Updated
Option 1: WXY flat correction (yellow labels, red and blue arrows) implies further weakness to hit lower levels.
Option 2: ABCDE triangle (white labels, blue polyline) shows the hit of triangle sides first and then continuation to the upside.
Option 2: ABCDE triangle (white labels, blue polyline) shows the hit of triangle sides first and then continuation to the upside.
Comment
Option 3: Y ends at the final point of W = 851Related publications
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