A possible count for BCH shows hoy it might be correcting after a five wave impulse, after that the expected ABC correction with an extended C that could get to as far as $360

 ![image](https://img.esteem.ws/44hmzexhft.jpg)

When the bottom is reached we can expect a very profitable Wave III. Daily MACD looks oversold with several attempts to make a bullish crossover, but the BTC correction's impact prevented a reversal from upthere.

BTC is correcting so the market most likely will go in phase with him.

Disclaimer: *THIS IS NOT FINANCIAL ADVICE, ALWAYS MAKE YOUR DUE DILIGENCE, THE ANALYSYS IS JUST AND ONLY ABOUT TECHNICAL ANALYSIS AND CHARTS PATTERN RECOGNITION, NOT THE FUNDAMENTALS BEHIND, SO MAKE FURTHER RESESRCH IF PLANNING TO INVEST*