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tr3mblay
Jun 16, 2018 6:48 PM

Bitcoin Elliot Wave #Bitcoin #BTC #Elliottwave  

Bitcoin / DollarBitfinex

Description

Bitcoin is difficult to chart for me but here is my attempt. Please, feel free to hack at my idea I can take the criticism haha. It is really the only way i'm going to improve and increase my accuracy.


#Bitcoin #BTC #Elliottwave #rsi #cryptocurrency

Thanks,
@crytomarc
Comments
ddtrinh15
Hey, I agree that it's likely that a triangle pattern would develop during a wave 4, but I think your proposed wave 4 overlaps with your wave 1 which kind of makes me believe that this count would be invalidated. Here is my proposed primary EW count if you're interested!
tr3mblay
@ddtrinh15, Ya I had it as 5 waves down then the descending triangle in a previous post but I changed it as I was not sure on that 5 count. Either way i also agree it is going down after that impulse E. Thanks for the share and feedback man @cryptomarc
tr3mblay
@ddtrinh15, Looks like we did get a little breakout but TRON loves false breakouts :). Time will tell
ddtrinh15
@tr3mblay, TRX looks amazing right now! It may have completed an ABC correction (looked like a flat to me) and hit the 0.618 fib level. This break out might be the real thing as it's also destroying EMA resistances on the 4 hr time frame right now too.
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