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mromisego
Nov 29, 2017 4:36 AM

Elliott Wave bro, going long to #5 Long

OmiseGo / DollarBitfinex

Description

It'll feel nice to be back in the 10's again.
Comments
sxthecool
Ok, thx for trying but...what if i told that elliot's waves is not working. Welcome to paradise
mromisego
@sxthecool, I think you need to chill out and ride it out :)
mromisego
@sxthecool, I think we're still going long even after all that shit that happened.
agus_pbo
WTF wrong counting Wave 4 overlapping wave 1...
mromisego
@agus_pbo, Care to explain? Is my application of elliot wrong? 2-to-3 is more extended than 1-to-2, figured it wouldn't be too bad to apply here.
dodo.bw
@mromisego, in rules of EW wave 4 can not go deeper or same as 1 (high). im no TA pro but basic EW rules are: 2 can not go below start of 1, 3 can not be the shortest and must be higher then 1, 4 can not go below high of 1 and 5 must be higher then 3. correct me, if im wrong. (and next rule is wave 1,3,5 must have 5 subwaves, maybe on lower timeframe)
mromisego
@Dodo.bw, I think bitcoin shitting the bed just threw the entire market into the red (20%+ across the board)....You're right about the 4 going below 1 but I'm still optimistic for growth before EOY ($12 potentially). Just gotta have the market recover from today and get back to where we were.
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