FIRST OF ALL: LOOK AT THE NEXT SNAPSHOT, AS THE CHART CAME OUT UNPROPORTIONED AFTER PUBLISHING AND MY CROSSING POINTS ARE NOT CORRECT BECAUSE OF THAT (OR, YOU CAN STRETCH THE CHART JUST A LITTLE BIT BY SLIDING THE MOUSE UPWARDS ON THE PRICE AXIS ON THE RIGHT...UNTIL THE CROSSING POINTS ARE IN THE MIDDLE OF THE YELLOW CIRCLES... DON'T TOUCH THE TIME AXIS AND DON'T...
BTC in bullish mode, as I told earlier the descending parallel is broken en swapped for the ascending (purple) parallel... I left some overhead resistances out, as it may look too busy, but there are idd. some obstacles to overcome... Waves are shortening, but the path remains the same... the ascending parallel is for me the most convenient way to draw the Elliott...
fractals and pattern recognition. time line questionable.
Pattern Recognition on realtime charts like $IMLFF. Continuation pattern like flag and pennants.
Even if it's not very clear this is a double bottom formation, with a breakout on neckline level. If it consolidates above this level it can make one more wave up too.