BCH/USD

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BCH is currently consolidating in 12h cloud.
From there it may rally for a new all time high.

It seems that it's currently somewhere between Elliot wave 4-5. Even if this is not clearly seen with candles, it can be seen with lines.
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It also seems that it's forming a pennant 快照

I expect that the 5th wave to be at least the same length as wave 3, but it can be slightly lower.

This is an update for old prediction
BCH/BCC USD
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Even if it broke down, I am still holding it as it seems to still have power to go further.
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Stumbled over this chart from @Dalin_anderson and it really seems that we BCH made the same move BTC did in 2015.
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It seems that I have counted wrongly the wave sequence.
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I will add more to the current position in order to get a better average.
First of selling targets is around the old buy zone but will also look for a possible all time high.
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BCHUSDbitcoincashbitcoincashusdElliott WaveFibonacciPennant

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