user100000
Long

Wave 3 in progress

BITSTAMP:BTCUSD   Bitcoin / Dollar
211 9 1
WXY correction is over
johnrfraser
2 years ago
So we hit the 360 it required to complete? I remember you felt it had been too shallow before?
So the flash crash with big red volume bar today completed it for us?
In your Elliot based view this requires some upward from this low?
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user100000 johnrfraser
2 years ago
i wrongly believed wave 2 wave over. it was never over. it is now
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user100000 user100000
2 years ago
also i thought wave x was a legitimate impulsive wave when in reality is a 3 wave structure when viewed on larger time frame eg 2H
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johnrfraser user100000
2 years ago
Thanks a lot for your reply. You couldn't draw another of the blue Elliott lines on to clarify, like your 'you are here' diagram the other day?
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user100000 johnrfraser
2 years ago
sure, i will do so on the next update. thanks for viewing
Reply
vortexspaces user100000
2 years ago
So we will go more down if it s 2 in progress
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user100000 vortexspaces
2 years ago
i believe wave 2 is over
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MoonTrader
2 years ago
I'm interested in your charts, but I kind of disagree with this one. Most of the indicators point bearish. Does your wave count leave room for the possibility of more down?
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user100000 MoonTrader
2 years ago
i don't use indicators. there is no room for more down in my interpretation. my confidence rating is 10/10 for my labels. thanks for viewing
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