Hello everybody,
I think we will see the final sell-off during the next days or weeks, so we can prepare us to place a long order. BCH is forming the final wave 5 of the last wave 5 of c of 2.
What we have seen is a nice all time high (wave 1), and since then a long-lasting a-b-c correction pattern (wave 2). But now it’s the final mile bevor turn around, I think.
Scenario 1 (10% chance)
BHC is going up directly.
Scenario 2 (5% chance)
BHC is not holding the last support (190$) and is going to hell.
Scenario 3 (85% chance)
BHC is completing wave 2 in my green trading box as described above. The ideal turning point would be between 290$ and 280$.
Be careful: if 190$ fails, there will be tears and blood, because then BHC will go to hell.
On the upside there is much resistance (the key levels are shown in the chart above). It’s not that easy, but it’s possible to make it through aiming for new highs.
Be patient, there are only a few dollars left…
Please leave a comment or a message, if you have any questions.
Take care,
tgo
I think we will see the final sell-off during the next days or weeks, so we can prepare us to place a long order. BCH is forming the final wave 5 of the last wave 5 of c of 2.
What we have seen is a nice all time high (wave 1), and since then a long-lasting a-b-c correction pattern (wave 2). But now it’s the final mile bevor turn around, I think.
Scenario 1 (10% chance)
BHC is going up directly.
Scenario 2 (5% chance)
BHC is not holding the last support (190$) and is going to hell.
Scenario 3 (85% chance)
BHC is completing wave 2 in my green trading box as described above. The ideal turning point would be between 290$ and 280$.
Be careful: if 190$ fails, there will be tears and blood, because then BHC will go to hell.
On the upside there is much resistance (the key levels are shown in the chart above). It’s not that easy, but it’s possible to make it through aiming for new highs.
Be patient, there are only a few dollars left…
Please leave a comment or a message, if you have any questions.
Take care,
tgo
HK-Capital-Management