My current Elliott wave count. Seems Pretty textbook E.W just waiting to play the break out of wave 1. Wave 2 could be making a variety of corrective patterns right now so might take a while of consolidation especially if we have to wait for a combo pattern.
Very nice double bottom at the end of the primary B correction between its intermediate 3 and truncated 5th wave which hopefully signals a strong primary C wave.
However we are in a bull market so obviously caution is needed when looking for long positions. So I'll reconsider my count if the wave 2 retraces much below the 108 price range.
All cryptos currently are driven by the price of BTC/USD so this could also be used to forecast that pair. Ethereum moves with about a 1.5-3 multiplier on Bitcoin recently so I find it easy to predict also = Bigger Bucks.
I'm publishing this because I'm in no means an expert and critical appraisal would be much encouraged and hopefully people could also learn from this. So lets all help each other get filthy rich $$.
Thanks,
Tom
Very nice double bottom at the end of the primary B correction between its intermediate 3 and truncated 5th wave which hopefully signals a strong primary C wave.
However we are in a bull market so obviously caution is needed when looking for long positions. So I'll reconsider my count if the wave 2 retraces much below the 108 price range.
All cryptos currently are driven by the price of BTC/USD so this could also be used to forecast that pair. Ethereum moves with about a 1.5-3 multiplier on Bitcoin recently so I find it easy to predict also = Bigger Bucks.
I'm publishing this because I'm in no means an expert and critical appraisal would be much encouraged and hopefully people could also learn from this. So lets all help each other get filthy rich $$.
Thanks,
Tom
Nota
Well seems to be playing out nicely, currently making the first wave of the 3rd wave of the 3rd wave of the C. (God I love Elliott wave)
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.
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.