market is down . i think no Eliot wave will gonna complete !!
just a view imagination if the market up not down
who following and read my previous analysis , will noticed that i was talking about the Eliot wave that we going to finish level 5 . but now , this new analysis view is about the worst scenario if Eliot wave not completed and the market go down . so i would appreciate,if you understand my point of a new view of my analysis if market go down . as you know , every...
now BTC is finished the Eliot wave number 4 which was A,B and C . now moving forward to wave Eliot number 5 which will need to create 5 small waves into it . Level 5 should be end at 13,404 , once we break the resistance of 12,800 , we are going up to 13,404 and keep in mind guys that any waves need to make a correction waves inside , so don't worry of any...
since the candles stopped on the green Support line which present 0.61 , so far the long term is about to going up to touch the extension of the green line of Fibonacci which present 13,404. and be know that if we are calculate the Eliot impulse wave starting from the last deep since was 6000 , so the big Eliot impulse wave is acting like we are still on the way...
quickly tip , i just making all my trades with the magic tool Fibonacci which give me the right time to sell either buy . so here as you can see BTC is going forward up to finish his round of Eliot wave of main level 3 at price 11,867 ( prices will never ever be 100% equal) then will go down to finish main level 4 as a down trend for correction which price is...
chart 1 hour , the LTC as you see with fibonacci tool , since it drops to the blue line wich present 38% that's mean it is goin up to touch the upper blue line at 130 % , you will gonna see the magic :)