This is part 3 of an exercise to count Elliott Waves from the end of 2013 (up until where we assume Super-Cycle wave 1 ends) until today (4-4-2018). For this last part, I have also drawn some resistance and support levels that can help define the final target. If this count is correct, the bottom is probably between $6000 and $4800. In contrast to the other two charts, which use a logarithmic price scale because of the proportions in change, this chart is made using a linear price scale, since it concentrates on a much smaller area.
Note: I am an absolute beginner and THIS IS NO FINANCIAL ADVICE!
The previous two charts are linked below for reference.
Note: I am an absolute beginner and THIS IS NO FINANCIAL ADVICE!
The previous two charts are linked below for reference.
Nota
We were getting pretty bullish for a while, and they almost convinced me. I guess being a bear right now is like... nothing really special. Just wanted to updated this idea quickly, because the main count still stands basically. A little adjusting to it, but still, I cannot yet discard its validity:
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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.
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.