BCH/USD - Wave 5 in case of a bullish continuation
Updated
In case of a bullish continuation and a wave 5 together with bitcoin, this could lead to a 3k-5k in price considering the fibonacci levels.
It is not certain yet that a wave 5 will follow. If bitcoin does not manage to proceed with a wave 5 during the next month or two, this idea might get invalidated.
It is not certain yet that a wave 5 will follow. If bitcoin does not manage to proceed with a wave 5 during the next month or two, this idea might get invalidated.
Note
In times of depression and thinking it will all go to zero, remember you would still be in profits if you had bought back in December.Technically we are STILL in a potential lower high in the higher time frame, which might take a few weeks to develop.
Start accumulating, DON'T expect a sudden pump, expect liquidity events downwards with long sell-off wicks. Don't hesitate, buy.
Be greedy when the herd fears.
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