I present a study in BCH, using the weekly log chart.
Some structure with a rising Channel and Pitch Fan (wedge) overlay is observed with an Elliott Wave count applied demonstrating potential for new highs. A number of Fibonacci Projections are applied to align some possible price targets.
Do you think we are about to drop through the floor, or rally to a higher-high? Let me know in the comments.
Some structure with a rising Channel and Pitch Fan (wedge) overlay is observed with an Elliott Wave count applied demonstrating potential for new highs. A number of Fibonacci Projections are applied to align some possible price targets.
Do you think we are about to drop through the floor, or rally to a higher-high? Let me know in the comments.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.