BCH looking for a new bearish move?
As you can see, the fork indicating last 1 move is broken and the current valid one is a schiff fork which is used to estimate possible S/R levels on the corrective move, the move seems to have extended so as i could say we need a complete ABC before a new bearsh move could go, i might be wrong and the price follows the long term previous trend-line that is drawn in white, but i expect it to go as high as 0.5 fib level and drop to schiff warning line
if the price goes beyong upper warning line, the analysis is wrong.
if the price goes beyong upper warning line, the analysis is wrong.
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