After a strong run up to test the resistance at 140 I am anticipating a retracement to test the trendline which happens tom line up with the .618 Fibonacci retracement at around 112 dollars (varies by exchange). I have buys there and am patiently waiting for that retracement with a stop loss set.
*Not financial advice*
Wow. So, beginners luck as that wave seems to be filling in exactly as I deduced through Elliot wave, Fibonacci, and some geometric flow. You can check my previous sketch and the wave pattern I predicted within the inverted triangle ( i hope that term is correct use) is now filling in and seems to follow the points I laid out thus far. This newest sketch, in...
I am not formally trained and am not pretending to be. I am simply an interested person who stumbled upon Elliot Wave in an attempt to understand the Cryptocurrency marketplace. I have never traded nor analysed trading. I am simply interested in mathematics and geometry and their use in analyzing and extrapolating future tracks of a market wave. I am probably...
