TA looking good I believe within the correction we had an expanded flat through W. X is also complete. Now Y possibly a zig zag maybe triangle time will tell. Orders at $2 for now. 4HR
First X wave cannot be a wave 2 in a elliot 1,2,3,4,& 5 down not valid to many sub waves. Wave W and wave Z equal in length.. Correction over guys, final push is on!
ALL IN THE TITLE AND CHART
CHART IS WORTH A 1000 WORDS, SAYS IT ALL.
CORRECTION NEARLY COMPLETE ACCUM HAPPENING NOW. WAVE ANALYSIS STILL VALID. IF.. WE DROP LOWER FROM HERE AND CLOSE WEEKLY NO LONGER VALID.
3 TARGETS SHOWN SIMPLE TA THAT WORKS
THINK LONG TERM BUT ALSO BE SENSIBLE DO NOT ATTEMPT TO CATCH A FALLING KNIFE NORM DOES NOT END WELL... WAIT FOR CONFIRMATION.
PULLBACK began on 14 / 4 I see a shallow correction then a PUSH towards 80K
Wave Y in full swing should yield % gains similar to wave X.
XBT at weekly 61.8 fib level Bear flag consolidation in full swing. Elliot waves within flag.
11% PUSH TO FIRST TARGET 0.00619 (Fib extension 161.8) 20% PUSH TO SECOND TARGET 0.007189 (Fib extension 261.8)