I draw a theoretical movement in Elliott Waves for Monero.
This is not a serious analysis - only some thinking.
As I´m not very firm with EW - and I´ve read that the EW-analysis is very personel and full of possible faults - I ask you what you think of it.
Is it possible what I drew?
Scenario A)
We´ve reached the bottom and Monero will rise in a 12345 impulsive wave.
Scenario B)
We´ve not finished a supercycle corrective ABC wave. And the bottom is much deeper.
Thanks a lot for your comments!!!!
This is not a serious analysis - only some thinking.
As I´m not very firm with EW - and I´ve read that the EW-analysis is very personel and full of possible faults - I ask you what you think of it.
Is it possible what I drew?
Scenario A)
We´ve reached the bottom and Monero will rise in a 12345 impulsive wave.
Scenario B)
We´ve not finished a supercycle corrective ABC wave. And the bottom is much deeper.
Thanks a lot for your comments!!!!