TradingView
fxfabianng22
Oct 17, 2017 5:58 PM

Will BTC obey the Elliot Wave market cycle? 

Bitcoin / United States DollarCoinbase

Description

Will BTC market follow the Elliot Wave cycle which governs the financial market? It has completed the first 5 wave as expected (My last post) and we're seeing the price is stalling at the 1.270 extension (5th wave completions)..

I am eager to see if BTC will obey the Elliot Wave rules. If the structure holds, we're likely to see BTC drop down to $3,000.
Comments
AKM777
Buy zone at 1.6
fxfabianng22
@BugattiBoy7, hi.. 1.6?
AKM777
@fxfabianng22, yes $1600
fxfabianng22
@BugattiBoy7, I see!!! Yea anyway if the structure holds.. I am looking for it to drop to at least $3,000
More