Hello friends. We made adjustments to the wave map. We expect the completion of the correction and the beginning of growth towards the level of 14000. We recommend buying bitcoin at levels 9700-10000. Stop loss of the scenario - 9500.
What sources would you recommend to study Elliot Wave Theory?
Thank you
UnknownUnicorn3511625
⋅
@J713, I advise you to study the work of Charles Dow and Ralph Nelson (until 1960).
Also study the work of Bill Williams (I advise you to read only the first book, "Trading Chaos").
I do not advise to study other authors (especially Prekter) for practice.
And also should remember the axioms of market movement:
- corrective waves (2, 4) in pulses last a short period of time;
- the time of the correcting waves (B, D) in the correction lasts longer than the time of formation of the correcting pulses (wave C, A, E).
UnknownUnicorn4547896
⋅
@QuantumHedgeFund, Thank you for the advice!
ferGOD
⋅
Great analysis. My projections are similar. Thanks for sharing your expertise. The TV community thanks you. We go together!
God bless you