100 was the major support and I think it is not over yet. I see here potential for this pair to go as low as 36. I linked chart for silver for the last 10 years which looks very similar to the BCNBTC. I think we finished 1st Elliot wave which has length around 275. Second wave is not finished yet and It can go way below 100. The really good news is that the wave 3 is never shorter then 1st wave and it is always the longest one so when second wave will be finished we can expect really good bullish movement. This pair made 10fold move in the matter of two months which is really good profit.
I’m interested in what will happen after 100 will be breached and pair will stay below it for some time.
I linked the silver chart so You can compare charts and see what can happen in next month or two
I’m interested in what will happen after 100 will be breached and pair will stay below it for some time.
I linked the silver chart so You can compare charts and see what can happen in next month or two
