TradingView
AssetWiz
Mar 9, 2018 6:32 AM

BitShares :) 

Description

If wave count is right then we might have a sharp move coming!

What you see- its a C!
Comments
elaea
But (B) is under the price of the 2018-02-06. It doesn't have sense using elliot waves to think (c) is gonna be over (A).

Also even if it would have sense it would mean we are in the upward little correction of an a-b-c to get ever further down in the next bearish elliot waves 1-2-3-4-5.

AssetWiz
@elaea, I personali believe that we are already making the ABC for the first wave for new uptrend as an irregular flat. So B and C extends past A. Thats is just my current view. Now we should have kind a sharp five wave move up to confirm it as a C. And then I expect ABC pullback for the 2nd wave and so fort.So lets see. If anything starts showing then I will refresh analysis. Cheers!
More