BITTREX:POWRBTC   PowerLedger / Bitcoin
Power looks to be coming up to the "B" in the Elliott Wave Theory. Check the fibs for re-entry and be mindful of a bullish BTC             .

(1HR Chart)
Either an expanded Flat right now, with B above wave 5 (expect very low c retracement) OR move your 3 wave to the 5 wave and your 4 is the correction that just happened which is still a valid count, meaning we're on wave 5 right now.

It's an interesting chart to grow your Ellliot Wave TA skill! I'm also analysis as best as I can haha!

This analysis was well done, but a different pathway is happening so let's adjust it :)
Balas
@Synco, Thanks! That helps a lot, will post updated version shortly. Waves are tricky because sometimes it appears they have played out however they are still in a certain phase.
Balas
Synco dillon.roberts91
@dillon.roberts91, Nice, I have done my own updated TA on POWR just recently too if you'd like to check it out
Balas
@Synco, Thanks! I saw yours. That's some awesome work!
Balas
Well it appears that the Elliot Waves don't apply to Power :O
Balas
when do you expect the dump?
Balas
so youre saying we go sideways then a massive dip/dump?
Balas
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