RE: KABOOM!!! Bitcoin Cash Delivers 52% from $577 to $880!! THIS is the POWER of TECHNICAL ANALYSIS!!

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KABOOM!!! Bitcoin Cash Delivers 52% from $577 to $880!! THIS is the POWER of TECHNICAL ANALYSIS!!

in bitcoin •  7 years ago 

Thanks @haejin. Your work is awesome.
Do you think BCC could complete ii correction as low as 600$. That would be mindblowing! Any suggestions on laddering levels for upcoming wave?

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GREAT QUESTION!

look at the chart. the correction is pointing between 600 and 550$

After such a high? would that not make the correction over 80% ?

i dont think that the above charts correction applies to the actual anymore. maybe at a longer timeframe, but not atm.