Bitcoin Cash - Is this the start of the next impulsive Y Wave?
BCHUSD has been in this large correction for nearly a month now, we saw a breakout of the corrective pattern and I was starting to look bullish, however, price pulled back into the corrective zone leaving a little uncertainty.
The impulsive way price moved out of the corrective zone is a good sign that we may see more upside to eventually break the All Time High. I think the correlation with Bitcoin is slightly holding BCash back a bit, but I think once it untethers we could see BCH continue to push.
As ever, good luck traders.
Lets see.
The impulsive way price moved out of the corrective zone is a good sign that we may see more upside to eventually break the All Time High. I think the correlation with Bitcoin is slightly holding BCash back a bit, but I think once it untethers we could see BCH continue to push.
As ever, good luck traders.
Lets see.
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