SUMMARY
Bitcoin Cash (BCH) was labeled as shown below and I had called for $2,068. Apparently, price took a slightly different path.
My target remains unchanged. Look at the updated labels. If five waves completed earlier than projected, then an a,b,c correction is in progress.
So, is the c wave of the flat a,b,c correction almost doen? Let's count the subwaves of wave c.....it looks almost done. Maybe one more lower low, slightly.
I've now added the Elliott Waves for the Price Pathway to $2,068 or higher. If price deviates from projection, one simply reassess and update the labels. Remember, there are mulitple paths to the same destination. Also, remain flexible on your EW count and be adaptive because EW is nothing more than trying to identify the most probable.
Here is the MACD...oversold! It'll turn up and to support the new Elliott Wave impulse set upwards.
You want to see the long term projections? Heer it is! Video has more details!
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
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
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
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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.**