DataSeer_TB

DataSeer_TB

Peak declining and bottom rising mark price line is a form of a usual force of balance that occur as a result of low volume and volatility and an indication that the leading motion have made the 'BIG move in quote ; this type of form usually end 'FIVE' as identified by our famous wave principled expertise AJ frost and Robert Prechter comfirming the rule called...

DataSeer_TB Updated 

Triangle is a type of a correction that correspond to 'rule of five' RW Schabacker described: wave e usually end in what AJ frost termed 'throwover' which explained as normally. rising triangle is bearish and is usually followed by a sharp (momentum) decline retracing at least back to the level where it began.

11:28

DataSeer_TB

Market ultimately take form of five wave of specific form as Elliott described; do not take BTCUSDT movement to be a formless rally as most people will blindly concur

14:40

DataSeer_TB

As Elliott proclaimed that the market is not a formless mess nor random move but a formal structured progression that unfold into waves which are pattern of directional movement to further more is a form 'FIVE'