You can find many websites, even free books of Elliot Waves Theory. But if you read it by on eye, can understand its kind of shamanistic predictions. law of the universe - from small to big, law of complication and development. To build waves, should start from max. minimum time frame -1 min. than 1 min group in 5-15 min, than to 30 min, 30 min group to 1 hour,...
A DUMP just happened, as alerted in my last idea <> of yesterday. Not many people agreed with me.
I have another education idea <>, which listed all the Tops indicated by <<9 Seasons Rainbow Indicator>> since November 2018 in 15m time frame.
Normally overbought is good time to take the profit;
however, it could evolve to crazybought, which indicates kind of...
Bitcoin is famous for high volatility and all kinds of traps that happen at anytime. When a dump ended a bullish run, people got sucked. Is there a way to lock maximum profits from your existing long positions and to avoid opening new long positions before a dump?
The solution is the color Yellow. Yellow represents OverBought, which is one of the seasons of market...
- Price neither oversold nor overbought
- Recent consolidation above EMA (25, close), price was unable to break on the downside
- Price is now at recent highs, could form a double top or break above zone
- Price would need to close above zone on the daily or 4-hr chart