Follow up to my bigger picture showing the relevance of $15,966 (click).
We reacted at that fib as expected, then orbited for a bit before escape.
Now a logical pullback level would be the previous high at a "Genesis Fib".
Elliott Wave Theory has applied quite precisely for this bull run of 2020.
The blue 12345 is very possible the bigger Green Wave 5 in progress.
Blue wave 2 was deep and slow, so blue w4 should be shallow and fast.
We MAY well have topped already, at a very "Expectable" level and fib.
It is PLAUSIBLE that wave 3 is not done yet, the substructure is messy.
It is PROBABLE that we pullback, and would make for a perfect Wave 4.
My Big Picture for Bitcoin since birth (Genesis):
.
My TV collection of ideas detailing the Concepts:
Chapter 1: Introduction and numerous Examples
Chapter 2: Detailed views and Wave Analysis
Chapter 3: The Dreaded 9.618: Murderer of Moves
Chapter 4: Impulse Redux: Return to Birth place
Chapter 5: Golden Growth: Parabolic Expansions
Chapter 6: Give me a ping Vasili: one Ping only
.
We reacted at that fib as expected, then orbited for a bit before escape.
Now a logical pullback level would be the previous high at a "Genesis Fib".
Elliott Wave Theory has applied quite precisely for this bull run of 2020.
The blue 12345 is very possible the bigger Green Wave 5 in progress.
Blue wave 2 was deep and slow, so blue w4 should be shallow and fast.
We MAY well have topped already, at a very "Expectable" level and fib.
It is PLAUSIBLE that wave 3 is not done yet, the substructure is messy.
It is PROBABLE that we pullback, and would make for a perfect Wave 4.
My Big Picture for Bitcoin since birth (Genesis):

.
My TV collection of ideas detailing the Concepts:
Chapter 1: Introduction and numerous Examples
Chapter 2: Detailed views and Wave Analysis
Chapter 3: The Dreaded 9.618: Murderer of Moves
Chapter 4: Impulse Redux: Return to Birth place
Chapter 5: Golden Growth: Parabolic Expansions
Chapter 6: Give me a ping Vasili: one Ping only
.
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.