A cycle looks to have completed in BCH/USD at $2800. The ensuing correction looks to be tracing out a Elliott Flat correction - 3 waves down followed by three waves up so far - if correct, then next should be 5 waves down to complete the flat correction at the $850 zone.
A break above $1780 would of course void this outlook and we could start looking at the correction to have completed at the $850 zone, with the next leg up in cycle III having started.
A break above $1780 would of course void this outlook and we could start looking at the correction to have completed at the $850 zone, with the next leg up in cycle III having started.