After the 3 wave OMG started the correction wave. I think it completed AB and now it is in the C wave. In C wave it will correct 4th wave and down again to 5th wave. Then the C wave will over. It will take a bit time to finish ABC pattern but next it will start to go up! I will watch the momentum change at the bottom to be sure the correction is over.
If you wanna go shot you can wait for the blue area to go short.
1189 sats now, what now it's below wave 2 now, the count is invalid
funfunction
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That would be nice! 5 wave elliot. The 3rd wave top was at 7 dollar. Means top of 5th wave will be......at least 10 dollar. Good news for the hodlers who can wait far into 2021 and see how high elliot will take us:) do you have a target?
shalafister
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@funfunction, Hard to predict the target from this point. But considering 5th of C will be over as on the image, I can guess the impulse 5th wave would be around 0.0009000
fcbadidos
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@shalafister, we are now at the 1300 sat range. How you feel about up move soon?
shalafister
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@fcbadidos, It did not make the small impulse move but I think we will start going up soon. Normally Elliott theory says 4th wave can not go down more than 10% of wave 1. Thats where we are right now.