As you can see it has been rejected (so far) at this critical level used as a rejection point in a bear cycle as explained in my other analysis on BTC.
The yellow curve is the same exact size and curvature parabolic curve used on BSV and ETC and in line with my other theory on BTC.
Once BCH breaks this .618 level and closes above it twice, we may see a surge to the $500 range.
Of course, if it either doesn't close above fib level or has a false breakout and comes back under the fib level, expect a retrace.
Currently still above EMA10.
I believe we are going up but won't open the trade until full confirmation of above. If it rejects I will go short.
What are your thoughts on where BCH is heading?
Happy trading legends!
HTBB
The yellow curve is the same exact size and curvature parabolic curve used on BSV and ETC and in line with my other theory on BTC.
Once BCH breaks this .618 level and closes above it twice, we may see a surge to the $500 range.
Of course, if it either doesn't close above fib level or has a false breakout and comes back under the fib level, expect a retrace.
Currently still above EMA10.
I believe we are going up but won't open the trade until full confirmation of above. If it rejects I will go short.
What are your thoughts on where BCH is heading?
Happy trading legends!
HTBB
Follow me on Youtube, X and in Discord server for more updates more frequently.
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Follow me on Youtube, X and in Discord server for more updates more frequently.
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。