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CryptoKnee
Nov 10, 2023 11:29 AM

Link Elliott Wave counts. Long

ChainLink / TetherUSBinance

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Elliottwave counts it self here.
Until there is some deeper retracements, these are my counts.
Comments
kimobcn78
Thank you @CryptoKnee for sharing your work. quick question as I am not an expert, are the waves considering the volume profile as well ? thanks
CryptoKnee
@kimobcn78, yes the EWO or AO indicator on the bottom is being considered with the Elliott Wave count as each wave has a certain corresponding momentum profile... SO wave 3, or the extended wave, will usual have the most exaggerated reading and the wave 5, if not the extended wave, even though the Price action prints a higher high, will show a loss of momentum or a low reading on the oscillator.
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