The latest Elliott wave coverage for Bitcoin
I have seen a lot of analyses and haven't found these two. The most evident from my POV for experienced Elliott Wave Analyst.
So article will be bigger than always.
As I know a lot of new and young investors, traders are looking the crypto signals hoping to earn fast easy money. It will be never. Because it's the Market. Market nature, the majority (90%) of traders will lose money here. The majority of traders now are waiting the rally, I believe YOU too. It means the majority will lose money, it's easy. Bitcoin will go down to take away ALL YOUR MONEY.
So the formula is easy:
1) The majority of traders lose money in Trading Field. (Forex, Stock and Crypto, any)
2) The majority of Crypto traders are now long term investors because they have bought Bitcoin much above $10 000.
3) It's clear - Bitcoin will go down to say big THANK YOU for investors and throw them overboard.
Elliott Wave Principle allows you to be prepared to big moves and save your capital and nerves.
I have done two possible scenarios and both predict the huge move down. Before the next rally, bitcoin will touch the zone of $4000.
1) The first scenario is (W)-(X)-(Y) corrective structure.
Wave (W) is ABC pattern is already finished.
Wave (X) could be ABCDE triangle.
2) The second scenario is (W)-(X)-(Y) corrective structure.
Wave (W) is ABC pattern is already finished.
Wave (X) could be ABC flat or ZigZag.
If you like my analysis, I really appreciate your likes and comments with your thoughts and questions.
Also I have plan to launch everyday service with Crypto Elliott Wave Analysis in future. Please inform me in PM if you are interested in such kind of analysis.
Thanks for your time and good luck!
So article will be bigger than always.
As I know a lot of new and young investors, traders are looking the crypto signals hoping to earn fast easy money. It will be never. Because it's the Market. Market nature, the majority (90%) of traders will lose money here. The majority of traders now are waiting the rally, I believe YOU too. It means the majority will lose money, it's easy. Bitcoin will go down to take away ALL YOUR MONEY.
So the formula is easy:
1) The majority of traders lose money in Trading Field. (Forex, Stock and Crypto, any)
2) The majority of Crypto traders are now long term investors because they have bought Bitcoin much above $10 000.
3) It's clear - Bitcoin will go down to say big THANK YOU for investors and throw them overboard.
Elliott Wave Principle allows you to be prepared to big moves and save your capital and nerves.
I have done two possible scenarios and both predict the huge move down. Before the next rally, bitcoin will touch the zone of $4000.
1) The first scenario is (W)-(X)-(Y) corrective structure.
Wave (W) is ABC pattern is already finished.
Wave (X) could be ABCDE triangle.
Wave (W) is ABC pattern is already finished.
Wave (X) could be ABC flat or ZigZag.
If you like my analysis, I really appreciate your likes and comments with your thoughts and questions.
Also I have plan to launch everyday service with Crypto Elliott Wave Analysis in future. Please inform me in PM if you are interested in such kind of analysis.
Thanks for your time and good luck!
Trade active:
The first target is almost reached, and it's too early for buys :) As I mentioned before, the majority investors will lose deposits, because it is a market!
Trade closed: target reached:
First target reached
Comment:
Pleasure to see how it's falling down, right?