From where I wrote "START" on the chart, the BCH symbol has entered the corrective phase.
Examining the waves, we seem to be inside an ABC.
Wave A has formed and we are now in Wave B. Our B wave has become a diametric, the last wave of which is only g left.
It is expected that wave G from B will end in the red supply box or a little higher, and we will enter wave C of a big drop and go down to the lower green box on which I wrote TP.
I specified the invalidation level, that closing a daily candle above this level will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Examining the waves, we seem to be inside an ABC.
Wave A has formed and we are now in Wave B. Our B wave has become a diametric, the last wave of which is only g left.
It is expected that wave G from B will end in the red supply box or a little higher, and we will enter wave C of a big drop and go down to the lower green box on which I wrote TP.
I specified the invalidation level, that closing a daily candle above this level will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Note
After hitting the resistance box, it dropped 10%.In the new analysis image (update), I updated the resistance zone
We need confirmation and trigger for sell/short positions
Trade active
still valid 
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🔆To succeed in trading, just enter our Telegram channel:
Free membership: t.me/Behdark_EN
🔷Our Telegram channel has daily spot and futures signals 👉 t.me/Behdark_EN
💎 Exclusive signals are only shared on our Telegram channel
Free membership: t.me/Behdark_EN
🔷Our Telegram channel has daily spot and futures signals 👉 t.me/Behdark_EN
💎 Exclusive signals are only shared on our Telegram channel
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.