SUMMARY

Bitcoin Cash (BCH) is playing the Hurry Up & Wait scenario beautifully! (Video has much more details). The below shows a very sexy Bullish Ascending Right Triangle with a minimum price target of $3,233. The video explains how to calculate this target and draw the lines. The bottom line is check out how Bitcoin Cash rused the earlier five waves that ended in a flame out and now is taking a tortous amount of time to correct. The e wave could perhaps not complete until next Wed or Thursday! BUT, who cares? IF this pattern becomes complete and confirmed....BULLISH! Is now a good time to ladder in? Yes, especially given the bullish wick indicator.

The BCH/BTC pair is a laggard. The abc correction could take this direction. So, one more lower low would be called for prior to an impulse.

BCH/BTC could take this direction and pattern but more unlikely than the first. Regardless, BCH/BTC will have to play out the Hurry and Wait scenario as well. Regardless, it doesn't matter which correction pathway BCH takes...the destination remains the same....UP!

