Bitcoin Roadmap - Elliott Monthly
Updated
Main page drawing not to scale.
A simplified view of current Monthly/Weekly Elliott moves.
I have tried to keep it as clean and easy to see as possible. Forecasted figures here are purely based off the Advanced Get software. As time gets closer to these levels, I will look at forecasting via order blocks & extensions of smaller Elliott wave moves.
Wave 5 Daily
Which is also a 3 Weekly level
Expectations of a 4 move - as per the previous post
Depending on the depth of the 4th wave
Will determine the extension up
Levels of interest
This leads to the extension levels here
A deeper corrective will lead to a weekly 5 at closer to
97K another dip for monthly 4. Followed up with a monthly 5 extension around $133,000 level.
Have a good weekend everyone!
Disclaimer
This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
A simplified view of current Monthly/Weekly Elliott moves.
I have tried to keep it as clean and easy to see as possible. Forecasted figures here are purely based off the Advanced Get software. As time gets closer to these levels, I will look at forecasting via order blocks & extensions of smaller Elliott wave moves.
Wave 5 Daily
Which is also a 3 Weekly level
Expectations of a 4 move - as per the previous post
Depending on the depth of the 4th wave
Will determine the extension up
Levels of interest
This leads to the extension levels here
A deeper corrective will lead to a weekly 5 at closer to
97K another dip for monthly 4. Followed up with a monthly 5 extension around $133,000 level.Have a good weekend everyone!
Disclaimer
This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
Note
smaller TF views - Note
Note
Note
Note
As per the Wyckoff breakdown - Note
smaller fractal move and supporting the bigger timeframe schematic.Note
November update to the roadmap.
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Disclaimer
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