If we dont see any major manipulation today, we are on the 4th wave as of this writing, I dont typically chart Poloniex for this as the volume is not to my liking for accuracy, but Poloniex has seen some massive interest in BCH.
Kommentera
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One thing that helps with confirmation of Bitcoin Cash's movement is tracking BTC and its movements, so far they reverse in tandem.
Kommentera
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Also, as a note.... I shortened the impulse waves fractal waves to a-b-c.
Kommentera
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Bitcoin cash currently sits on a resistance turned support level, the Elliott waves above semi tracked but Bitcoin is stealing the show with a ATH test again, that people are calling a bear fake out.I will detail my view on that on my BTC link in the comment above.