Elliott waves do not always do exactly what they do, but patterns and the idea behind them do not change from the system. (www.trendfollowing.c.../11/Elliott_wave.jpg) and
I counted the small lines for BTC -4.11% ABC correction and look above, the correction is almost done, if you view it from the Day-Chart.
We all know, elliott waves go 1st wave up, 2nd down, third up, fourth down, fifth to the top... ABC Correction follows. A almost as high as 4th waves, B around 3rd wave and C goes down below/around 2nd wave. We are there right now, if you check the big view. If you make the Chart smaller, you have 5 waves in the 1st wave, 3 waves mark the waves down to 2, 5 up to 3, 3 down to the number 4 of the waves and five go up to the high which marks 5...Down the ABC correction is 5 waves to A, 3 up to B, followed by 5 down to C.
If you make it smaller, you get 21 subwaves in the 1st wave up, 13 down to 2 etc...
ABC correction now: 21 down to A, 13 up to B and 21 down to C... On the chart I marked number 17 out of 21, so soon guys the ABC orrection is over. EMA also moving in and it will make a big bang up. Check out my Year analyzes. I know I do not have a big name on this homepage, but this will happen.
Thank me later if you like :)
I counted the small lines for BTC -4.11% ABC correction and look above, the correction is almost done, if you view it from the Day-Chart.
We all know, elliott waves go 1st wave up, 2nd down, third up, fourth down, fifth to the top... ABC Correction follows. A almost as high as 4th waves, B around 3rd wave and C goes down below/around 2nd wave. We are there right now, if you check the big view. If you make the Chart smaller, you have 5 waves in the 1st wave, 3 waves mark the waves down to 2, 5 up to 3, 3 down to the number 4 of the waves and five go up to the high which marks 5...Down the ABC correction is 5 waves to A, 3 up to B, followed by 5 down to C.
If you make it smaller, you get 21 subwaves in the 1st wave up, 13 down to 2 etc...
ABC correction now: 21 down to A, 13 up to B and 21 down to C... On the chart I marked number 17 out of 21, so soon guys the ABC orrection is over. EMA also moving in and it will make a big bang up. Check out my Year analyzes. I know I do not have a big name on this homepage, but this will happen.
Thank me later if you like :)
