BCH - All set for a final drop below $200

3 paź 2019

This can be considered as a large WXY or a 1-5 waves. Either way there appears to be one more drop considering that we also have a bear flag

Alternate count

6 paź 2019

Uwaga

The consolidation turned out to be a triangle, common for a 4th wave. Also triangles are usually a continuation pattern and precede a final move of the trend (here downwards)
Confirmation: < $216
Invalidation: > $235
Targets: $290- $270