DenzelitoTrades

History Repeating Itself? | BCH Predicted to Hit $160

Short
COINBASE:BCHUSD   Bitcoin Cash
Are y'all seeing the same pattern I'm seeing? We are experiencing almost the exact same moments back in 2017!!!

FIB:

-With the 0.236 placed at the top of the first major rally after the final fall, we see this play as an area of support and a correction at the 0.702 Retracement level BOTH in 2017 and now.

- Do you think the 0.236 Level will play as a support? Comment your thoughts down below!

Patterns:

- I used Elliot waves (12345) (ABC) to try to find a pattern and a correlation to the history of BCH. I'll let you be the one to decide if you see the patterns.

- Let me know if you found something better in the comments bellow!

MA:

- We want to see resistance play out for the next few weeks if we want to see this pattern play out correctly, for this will help the price reach lower.

- Do you think were in for another huge fall? Comment below!

RSI:

- RSI will hopefully show resistance levels at the .60 for accouple weeks

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