I am new to Elliot wave analysis and fibonacci retracement. I would like advice from people who are more experienced about where I should be placing my projections - please help me if I am wrong here!
1 thing to note is that with cryptocurrency, there seems to be a lot of "hurry up and wait" happening... this bullflag/fractal forming could become rather extended before skyrocketing to projected pathways.
1 thing to note is that with cryptocurrency, there seems to be a lot of "hurry up and wait" happening... this bullflag/fractal forming could become rather extended before skyrocketing to projected pathways.
Nota
Potential ABC correction to 864 satoshis (note to self - please keep in mind that I am doing this to teach myself EW and patterns, and looking for guidance from more experienced traders).Nota
It corrected very close to my target for about 1-2 hours (under 864 satoshis). If all goes well, you have bought in and will continue a huge uptrend for the next day. See you all on the moon? It IS possible that the correction is not over, and we may see a lower low before taking a moonshot, but I think its over for now.
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.