Tonydec1

ELLIOTT WAVE BTC WAVE 4 CORRECTION

Short
BITSTAMP:BTCUSD   Bitcoin
NEW TO WAVE COUNTING SO BE KIND!!

constructive criticism is very welcome.

this is my projection for the wave 4 correction of BTC
i am looking at the correction pattern 3-3-5 expanded flat
Primary Wave C target is 1.618 of wave A
Primary Wave 5 target is a 1-1 of wave 1

WAVE C - Motive
- Intermediate wave 3 is an 1.618 of intermediate wave 1
- Intermediate wave 4 is a 0.236 retracement of start of intermediate wave 1 to projected end of intermediate wave 3
- Intermediate wave 5 is an 1-1 projection of intermediate wave 1

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