According to Wave Theory: In the impulses of a wave of the same degree, channelization is observed 2 wave is most often a zigzag 2 wave is most often a deep correction 3 wave equals 1.618*1 wave. The 3rd wave is the most powerful 4 wave is most often flat according to the rules of alternation 5 wave is mostly equal to 1 wave BUT Bitcoin is a commodity market And...
After a long triangle in wave 4 Domination Bitcoin went for a breakout to possible 61.8% Fibonacci targets
After years of falling dominance Bitcoin is heading into a correction, gradually reclaiming it back. The trend is holding in an ascending channel - this is positive At the moment, there is one more division left - the 5th wave The Fibonacci retracement to the plum is about 50% The target is 57%. Perhaps there is another subdivision lurking at the beginning of the...
After reaching the $185 mark, Solanium headed for a correction. Within the channel there was a decline to the lower boundary The 4th wave basically always comes in the range of the 4th wave of a smaller degree The correction in the 4th wave mostly occurs within the 61.8% Fibonacci range According to the wave theory, all the necessary conditions for correction have...
After reaching the $68k mark, Bitcoin headed for a correction. Within the channel there was a decline to the lower boundary The 4th wave basically always comes in the range of the 4th wave of a smaller degree The correction in the 4th wave mostly occurs within the 61.8% Fibonacci range According to the wave theory, all the necessary conditions for correction have...
For more than a year and a half there has been an uptrend on the leading cryptocurrency Bitcoin. according to the laws of Wave Theory, after the regular flat wave 2 there was a wave 3, and it was followed by a correction in the form of a zigzag in wave 4, as it is supposed to alternate. The channeling and Fibonacci proportions are also observed. We are left with a...
After a long correction in wave 2 flat, Bitcoin has moved into wave 3
After a deep correction, NOT is ready for another powerful move in wave 3
After a prolonged correction, the innovative technology of The Open Network continues to move in the next wave
After more than six years of triangle in wave 4, ripple has started to move towards wave 5
Correction ~38% Fibo Support Level ~90 Rebound from dynamic resistance
V Wave 135-years Supercycle ~6500-7000 and Crush
Reversal Soon and Ressurection Dollar Who is Daddy here ?... )))
A deep fall is followed by a legitimate correction The impulse has gone down, so according to Elliott the corrective zigzag ABC will go upward
A deep fall is followed by a legitimate correction The impulse has gone down, so according to Elliott the corrective zigzag ABC will go upward C = 1.618*A