If we dont see any major manipulation today, we are on the 4th wave as of this writing, I dont typically chart Poloniex for this as the volume is not to my liking for accuracy, but Poloniex has seen some massive interest in BCH.
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One thing that helps with confirmation of Bitcoin Cash's movement is tracking BTC and its movements, so far they reverse in tandem.
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Also, as a note.... I shortened the impulse waves fractal waves to a-b-c.
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Bitcoin cash currently sits on a resistance turned support level, the Elliott waves above semi tracked but Bitcoin is stealing the show with a ATH test again, that people are calling a bear fake out.I will detail my view on that on my BTC link in the comment above.
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Entirely dependent on what BTC does.
All posts are for educational purposes and are simply my views of markets conditions.
Please do your own research and use my content to educate yourself.
Please do your own research and use my content to educate yourself.