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Crypto Contest November 26: Bitcoin Cash ABC

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@maarnio
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Bitcoin Cash ABC (Binance: BCHABUSD) has broken out of the triangle pattern in the four-hour chart. (Chart courtesy of Tradingview.com (log scale))

Elliott Wave Analysis

In Elliott Wave terms, BCHA began a red wave one advance on November 18. The red wave one finished on November 18 and the red wave two (blue sub-waves a-b-c) correction ended on November 24. If this wave count is correct,  BCHA should be heading next towards the November 18 peak in the red wave three. (Chart courtesy of Tradingview.com (log scale))

Funnymentals

BCHA is a cryptocurrency that was created during the recent Bitcoin Cash chain split. Trader University explained the hard fork one week ago.

How Will Bitcoin Cash ABC Trade?

Bitcoin Cash ABC (Binance: BCHABUSD) four-hour chart by Tradingview. (Chart courtesy of Tradingview.com (log scale))

Prizes

I will be giving upvotes to the correct answers with minimum reputation of 25.

Rules

This poll will expire in one week. Only one vote per person.

Which one will happen first?

Please select one of the three choices and comment below.

BCHA will takeout the November 18 peak

BCHA will drop below the November 18 low

BCHA will stay in a trading range between the November 18 low and the November 18 peak until January 2, 2021

Posted Using LeoFinance Beta