BITCOIN CASH (BCH) Update: Following the Pathway
If the abc is gets complete today after the prior five waves (i,ii,iii,iv,v white), then price is expected to resume its rise. The c (red) wave has reached into the prior wave iv price region. The labels on this chart are the originals from last post and given how nice the five waves are, this abc is also textbook. Further rise is expected.
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BTC Wallet - 19gHMJc9wi9KkP47wokz8y4cFNgz1kAAUE
ETH Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
LTC Wallet - LU1mEw1LHvffoWf9VDEVdP7Day4jv6VLqu
EOS Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.
Thank you for reporting on a crazy morning! Most of my ALTs are bouncing fast (not surprising they are all chinese (Neo, QTUM, LSK), but now looks like just as good of time as any to get back into BCC from the last sell. Rock!
Same here. I had great time with Hcash and WTC. I was also holding NEO, QTUM and Monaco (It almost broke out,. I HODLed and it came down again!)
So should we consider this a confirmation of BCH-BTC inverse corelation kicking in? I really hope so.
LOL, i almost wrote that into the blog but am holding back for now!
Even though I'm 100% sure it'll happen in the mid-term, I still think there is about 30% probability for this to be temporary. Let's wait and see.
For me, either way is win win. This is Bravia I'm selling into the rally and also raising dry powder for Wave IV bottom.
Hi @vimukthi, now that would be nice!
I've always been a supporter of BCH despite considering it a 2nd rate coin at best. When it comes to currency coins I'm with Dash, NEM and PIVX. BCH is the evolution of real Bitcoin. When we have a inverted corelation, the market become less dependent on BTC which IMHO doesn't even worth the transaction fee of it. We can have a less biased market without BTC affecting the valuations of cryptos.
This is the main reason I became a supporter of BCH. Also tripling my saving (All of it) on Aug 1st betting against the market was my first and still the greatest crypto trade of my life. (I was still disappointed because I could have made additional 100% gains)
Here is a product that I'm very interested in. Check it out. They have given me the best gaming related crypto impression. (Doesn't mean it's the best. It's just realistic and without competition.)
https://xenio.io/
Thank you @Haejin!!! Great looking chart when compared to your lines.
I wish you MASSIVE profits.