I present a study in BCH, using the weekly log chart.
Some structure with a rising Channel and Pitch Fan (wedge) overlay is observed with an Elliott Wave count applied demonstrating potential for new highs. A number of Fibonacci Projections are applied to align some possible price targets.
Do you think we are about to drop through the floor, or rally to a higher-high? Let me know in the comments.
your chart look funny, bullrun will be max another 3 month than all altocoin will dump like crazy, how you can seee bch at 25k dollar in 2022, maybe 250 dollar you mean...muahahahahahahahaa
Crypto-Swing
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@PensieriParole, Timing might be out a bit, but I believe it is reasonable, given the Elliott Wave count. But maybe you're right. 🙏❤
PensieriParole
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@Crypto-Swing, Timing is wrong bro, I am not an insider trader but i been working with many project listed on binance, do you like to know how manipulated are all project ? No ,better no to tell people how this top project are making money. Anyway , let's say another 3 month max of bullrun, november and december lot money will move into altcoin, BCH will be for sure one of them , not sure what to expect how much bch will be pumped, let's say the previus ATH at list , if you got in any altcoin today sell soon as you have got x 3 profit otherwise you will loose lot money! I do expect huge dump first couple month in new years! , specially altcoin will be huge dump more than BTC! carefull guys don't ger reckt! Altcoin pump will be november december or later january, sell when you make x 3 from now, otherwise the risk you will loose lot money is very possibile!
imagine-k
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@PensieriParole would love to see your chart.. seems you don’t have any?
imagine-k
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@Crypto-Swing same, my target for final wave is @18000 this by going off fib last ath and fractals. We’ll see. I can’t imagine greyfund would place bets on a crypto with small gains.