BCHUSD Elliott Wave (Coinbase)

Coinbase:
When Wave 3 is less than 1.62, the 5th Wave overextends itself.

From research, the ratio of Wave 5 will be based on the entire length from the beginning of Wave 1 to the top of Wave 3.

Extended Wave 5 = either 0.62 x length
(beginning of Wave 1 to top of Wave 3) or = length of
(beginning of Wave 1 to top of Wave 3) or = 1.62 x length of
(beginning of Wave 1 to top of Wave 3)

T1: $401 (support)
T2: $508
T3: $681

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Heading for $527

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Quick Stat: BCH has traded above $1,000 during 9 out of 23 months of its existence (40%).

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Bitcoin Cash currently above resistence on a huge potential ascending triangle. a confirmed breakout of this pattern would lead to $800s.

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Target: $682

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First U.S. government blockchain token to be backed by the Bitcoin Cash Network!
www.reddit.com/r/btc...oin_cash_slp_tokens/

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$BCHUSD trade setup

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note toBCH halving April 8, 2020

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note to hodlers:* BCH halving April 8, 2020. Great long term buying opportunity.