SUMMARY
Hmm, is the bottom in for Bitcoin Cash (BCH)? The below chart of BCH/USD shows a detailed Elliott Wave count with corrective triangle chart pattern. The a,b,c correction seems complete, especially since five blue subwaves are identifiable for the c wave down!
I've now added the forward discernment and thus identified the first impulse wave up (purple circled). If this is correct, then the current price just broke out of an a,b,c,d,e triangel and a full impulse could be completed.
Below is the BCH/USD pair and it has uncanny similiarity to the BCH/USD pair!
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
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Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**