Bitcoin Cash (BCH) Update: Intermediate Target $762; Elliott Wave Analysis in this Blog!
SUMMARY
Here is an updated Bitcoin Cash (BCH) chart. Price has completed the blue sub waves 1,2,3 and 4 and 5 will complete the white wave i which would be at around $764.
Higher resolution shows that the a,b,c correction of the blue wave 4 is completing. Once placed, the blue wave 5 should complete with higher highs.
Please review these Tutorials on Laddering! and Buy/Sell Setups!
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Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**
Upvoted, appreciate the value-add.
I come from a FA background but am learning about TA so your posts provide lots of value, thanks. I have some questions too:
What is the name of the indicator you are using (white and blue subwaves?) - might be an idea to state that every time for us newbs :)
Did you find any other indicators which validated your conclusions from the wave analysis?
Welcome to my blog!
I use Elliott Wave Analysis
I also use Chart Pattern Recognition.
Browse the past blogs and the tutorial links at end of blogs.
Here are a few links that might help you:
https://steemit.com/bitcoin/@haejin/when-to-buy-and-sell-using-elliott-waves-a-tutorial
https://steemit.com/bitcoin/@haejin/an-effective-buying-and-selling-strategy-laddering-a-tutorial-on-to-cast-a-ladder
https://steemit.com/bitcoin/@haejin/n98sk-haejin-s-ta-book-recommendations-for-elliott-wave-and-chart-pattern-recognition
@haejin, can you please take a look of Lisk chart below? it's looks similar to Verge (XVG). Is it ready to explode soon?
Can you attempt EW label? Try it.
Please kindly provide feedback on EW labels. Thank you so much as always!
hey, Haejin did a update about this one a few hours ago.
check it out here: https://steemit.com/bitcoin/@haejin/verge-xvg-own-this-to-be-on-the-verge-of-wealth-short-term-target-usd0-0498-near-500-profit-potential
@cryptosuf, thanks for your reply. The chart I posted is for Lisk (LSK), not XVG.
oh lol im sorry :)
BCH has so much more left in the tank.
hey Haejin, what do you think about this? https://www.coinigy.com/s/i/5a00f2a625875/
Did I count those right?
Nice!
what should I do from here? begin to place a 5 wave impulse?
Yes.
does this look right?
https://www.coinigy.com/s/i/5a0114a659d64/
Thanks for your feedback so far
Haejin YOU ARE THE BEST brotha!
hi haejin,
do you know why is BCH is Going up as segwit2x is nearing? any Positive news about it??
how much can we expect Segwit2x price to be ? not just after the fork, may be a few days later once it get stable,
is it wise to hold bitcoin at the time of fork to get more SEgwit2x or sell some and buy BCH now, as btc price is dopping.. :)
You've posted a lot of beautiful ones.
I liked your post.
Please upvote and comment in my post. And I will replay my comment.
Thanks for sharing!
My man here nailed it.
you got it to the point , and post it a few days ago, I buy it because of you but sell it to early , I wish you massive profit :))))))))