Elliott is no fool and his teachings are telling this bear trend misses a last wave.
ABCDE.
Then we should resume bullrun REALLY fast.
We broke down the bearish pennant and had a perfect retest at 38.5k yesterday.
My opinion : we will wick down to 18.5k real fast. It should be caused by a bad news and the kind that
cause the most damage : exchange hack.
Then bounce back in the same hour over the 20ks to never come back under.
ABCDE.
Then we should resume bullrun REALLY fast.
We broke down the bearish pennant and had a perfect retest at 38.5k yesterday.
My opinion : we will wick down to 18.5k real fast. It should be caused by a bad news and the kind that
cause the most damage : exchange hack.
Then bounce back in the same hour over the 20ks to never come back under.
Comment:
Zoomed in broke down pennant
