Bitcoin Cash, In Decisive Wedge-Formation, How It Can Complete!

Hi,

Welcome to this analysis about Bitcoin Cash, we are looking at the 30-minute timeframe perspective. As Bitcoin Cash has shown up with important initial bearish declines to the downside it now somewhat shown up with some bounces, these bounces however arent not really strong and a full reversal for now. Besides that Bitcoin Cash has formed this ascending-wedge-formation with the coherent wave-count within almost already completed. When Bitcoin Cash now moves below the lower boundary with this bearish price-action as seen in my chart this will lead to the continuation and testing of lower supports as marked in blue from where the situation needs to elevate anew, for now the bearish perspective should not be underestimated.

In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best!
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Information provided is only educational and should not be used to take action in the market.