RE: Bitcoin Cash (BCH): Five waves have been completed for Wave 1 and now wave 2 correction is due!! See this analysis for the price pathway!

[japan1]

Haejin I'm not so sure I follow your wave count on this one. Here is one very simplified which shows a retracement no deeper than top of Wave 1 ($525) - https://www.coinigy.com/s/i/59ff353185dfc/

Comments

[haejin]

I believe you are right. I will update later tonight. Thanks!

[rjh]

You mentioned you would look at the retracement of BCH from $400 to $525s.. why is it not correcting but increasing?

[dasflikko]

My chart that I shared in a different post also showed a retrace to between 540-570 usd. Good to see some confirmation of that in your chart, and the bounce tonight!