Is BITCOIN CASH on the verge of a drop?

[cryptohog]

It appears that an expanding pattern is forming on Bitcoin Cash, and we are currently in wave F of this structure.

Wave F is expected to complete within the red zone, after which Bitcoin Cash may enter wave G, which is a bearish wave.

Within the red zone, after receiving confirmation, we will look for sell/short positions.

Targets are marked on the chart move your stop to breakeven at the first target.

A daily candle close above the invalidation level would invalidate this analysis.

If you have a symbole or altcoin you want analyzed, first hit the like button and then comment its name so I can review it for you.

What do you think? Is BCH bearish?

[madtrader]

the bch expanding pattern implies increasing volatility, making risk management critical due to wider price swings