After the boom Bitcoin Cash has been in an accumulation phase for a while now. There is a possible upside break of the symmetrical triangle which increases in likelihood because of the drop in Bitcoin price. Open a long position around 0.135 when upside break is confirmed and ride with Elliot Wave predictions. As always, make sure you do your own analysis and don't forget to set a stop loss!
Yorum:
Signal did not confirm for full candle, cancel trade.