First, this is a very tentative EW count. If I had to display a bullish scenario, this would be it. It shows that ABC (red) is complete and wave 1 (blue) was placed with sub waves i,ii,iii,iv,v (white) and now price is trying to complete the subsequent a,b,c, waves (red) of wave 2 (blue). IF this is correct, then wave 3 (blue) should ensue.
The only caveat is that I'm not convinced yet that BCH has become inverse to BTC! So, caution is needed on how one acts on this chart.
If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTC Wallet - 19gHMJc9wi9KkP47wokz8y4cFNgz1kAAUE
ETH Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
LTC Wallet - LU1mEw1LHvffoWf9VDEVdP7Day4jv6VLqu
EOS Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.
