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BitMango

Bitcoin Cash to $430 by the end of the January 2019?

BitMango Updated   
BITFINEX:BABUSD   None
Chart Patterns Trend Analysis Harmonic Patterns bchabc BCHUSD
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chartpattern trendanalysis harmonicpatterns bchabc bchusd
This chart shows two possible paths for Bitcoin Cash (ABC). One bullish and one bearish, both completing at $430. Let's see what happens! :)
Comment:
BAB just got pumped from 162 to 170 on bitfinex. No other coins are moving up.
I'm bearish at this point. I think we are going to follow the orange path down to a potential new bottom, I don't think this huge candle is going to change the downward momentum. We'll see. It's always nice to be wrong :)
Comment:
Following the orange path down. Upper ceiling is around $158. Let's see how far down this thing goes. I'm in short at this point, looking to increase my position.
Comment:
Call it a hunch, but I envision a retest of $158 from here.
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