@Coin_Future, based on the Elliot Wave theory, I assume that the first Wave is from 6 to 37 sats and the second Wave is from 37 to 12 or 13 sats. So, according to Elliot Wave theory, third Wave shouldn't be the shortest Wave and can be reach to 1,618xfirst Wave. Because of that, I put my target to 62 sats.
Note: please make your analysis, it is not an investment advice.
keifer
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@caglarates06, If it was as you say, then this should of happened feb 6th. Too much time has past for any impulse. All we have is declining volume. Since the failure for feb 6th to form a impulse wave for 5. All we have been seeing are descending price channels.
keifer
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@caglarates06, BTW, nice try though. Keep studying and you will get better in time as will your experience play a big part in your TA. Never try to do a TA from a subjective point of view as that is wishful thinking and a sign of trading on emotion. It is better to be neutral and objective any time you trade and do your TA. No emotion just facts...;)
George_Michael
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@keifer, Thank you so much for your priceless comments. I am so glad to read those. As you know that I am so new in here and TA. Recently I am interested in Elliot Wave Theory. I take care of your advice and waiting for your comments for my other graphs :)
keifer
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@caglarates06, I'll see what I can do. I just followed you and if I see your charts come up. I will do what I can. :)