Elliott Wave Theory - Another Look @ Where Bitcoin May be Headed
Updated
NOT Financial Advice
I've only spent a short time studying the Elliott Wave Theory. I would appreciate any comments or critique from those more familiar with it.
The possible scenarios seam to be unlimited but this looks to me more probable than the studies I published earlier. Hope you find it useful.
I've only spent a short time studying the Elliott Wave Theory. I would appreciate any comments or critique from those more familiar with it.
The possible scenarios seam to be unlimited but this looks to me more probable than the studies I published earlier. Hope you find it useful.
Trade active
Wave C: Prices move impulsively lower in five waves. Volume picks up, and by the third leg of wave C, almost everyone realizes that a bear market is firmly entrenched.
Wave C is typically at least as large as wave A and often extends to 1.618 times wave A or beyond.
Source: en.wikipedia.org/wiki/Elliott_wave_principle
Comment
Would you believe we only missed it by this much!Like my blind friend Ray killing empty pop bottles.
Comment
Better Now.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.