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Richy007
Dec 26, 2017 6:27 PM

Overstock OSTK Bitcoin Elliot Wave 4 - Move to ATH Long

Description

As of late, favorable news with Overstock accepting cryptocurrencies (since 2014) becoming more mainstream, hence bullish sentiment. Also, down the pipeline, first SEC regulated exchange for trading TOKENS. From the 4 hours, we are beginning wave 5 of Elliot wave principle, may see us reaching ATH in the new year. I'm holding for long term (years).
Comments
4thewin
unfortuantly this is rubish. I don't want to discourage you from trying, but this is invalid. Wave 4 cannot go into the territory of wave 1.
MichaelBurke
Thanks for posting this. Have already made money of OSTK. But curious, what makes you think this is the 5th wave? To me it looks like the first wave starts earlier in October? I’m still learning so interested in why?
Richy007
@MichaelBurke, This TA is based on 4 hour time frame, so 5th wave emerges. On a weekly time frame, your point is valid.
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