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!

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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!

in bitcoin •  7 years ago 

How do you calculate the depth of the retracement? Based on what? I am trying to better understand. Thank you!

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I eyeball the fibonacci levels.

Fibonacci retracement lines, aligning with resistance lines from journey up