TradeWaves-EWA

๐Ÿš€โ‚ฟ๐™ž๐™ฉ๐™˜๐™ค๐™ž๐™ฃ ๐˜พ๐™–๐™จ๐™ at a crossroads ... ๐Ÿคทโ€โ™‚๏ธ

COINBASE:BCHUSD   Bitcoin Cash
โ—โ— Mine scenario
โ— BCHUSD (COINBASE):๐Ÿ•1D

"Fig.1"
The rise from the orthodox bottom of the triangle โ‘ฃ formed a five-wave structure in the form of a diagonal, at least this variant of count can be applied to this structure in the context of the highest degree. The subsequent three-wave advance, which is labeled (2), supports this idea. Cancellation of the scenario and, as a consequence, activation of the alternative wave count, - upon the breakout of the orthodox bottom โ‘ฃ, the level "invalid" ..

โ— BCHUSD (COINBASE):๐Ÿ•4h
"Fig.2"
"Fig.3"
Agree, the wave structure is extremely complex and its interpretation is ambiguous. Figures 2 and 3 show you two options for count, both of which are conducive to continued growth, the only question is: is the correction (2) formed or we are expecting a deeper rollback within the "black" count?

From the level of $ 600 there was a recommendation for a long-position. Upon reaching the levels of $ 880-1020, we may partially reduce the volume of the long-position and prepare for a price decrease within the framework of an alternative count.

โ—โ— Alternative scenario
โ— BCHUSD (COINBASE):๐Ÿ•1D

"Fig.4"
The global alternative wave-count suggests a large triangle in the primary wave โ‘ฃ, within which a three-wave advance of the sub-wave (C) is expected.

The wave marking in the double circle parenthesis corresponds to the green marking in the circle on the chart.

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