I’m seeing a possible breakout of the wedge in the usd chart also. However it feels early to me and I think it a bear wick I am waiting for it to bust back in any minute. The wedge still has to put in points c d and e on the usd wedge and I’d like to see point c back down on the bottom line of your btc chart column at 66 satoshi. That would make it feel complete and make Elliot happier it seems. Here is the Elliot wave count I have for the action that takes it from the top of the column to the bottom.
Wave i 95 -> 83 = -12
Wave ii 83 -> 94 = 11
Wave iii 94 -> 77 = -17 ~ 1.414
Wave iv 77 -> 81 = 4 ~ .236
Wave v 81 -> 66 = -15 ~ 1.272
That would make a and c waves in a 1:1 ratio, and this cleaness makes me happy. Thoughts?
Alexander0809
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@asegretto, could be possible aswell but the trades at this time depends on the market situation of bitcoin
Wave i 95 -> 83 = -12
Wave ii 83 -> 94 = 11
Wave iii 94 -> 77 = -17 ~ 1.414
Wave iv 77 -> 81 = 4 ~ .236
Wave v 81 -> 66 = -15 ~ 1.272
That would make a and c waves in a 1:1 ratio, and this cleaness makes me happy. Thoughts?