after last bullish rally , its likely BCH is moving in a triangle.in my opinion , breaking down means failure of the whole cryptocurrency market at least for couple of years.lets see which way it will break out.
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i like elliot waves on weekly chart.this is an idea about bullish scenario, so dramatic.
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thats not so accurate.just for fun
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price broke downtrend from 1800
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inverse H&S at the end of downtrend.waiting for breaking neckline
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possible uptrend channel...
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this is also an idea that we started wave C of ABC correction.
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Touched support zone 700 area. Price will touch upper trend line.
