OyeBeto

OyeBeto Updated 

I took the 2014-2015 crash and overlapped it with the recent one. I scaled it trying to match the recent movements. I think fractals are powerful because psychology remains the same and history tends to repeat but keep in mind this is just an extra point of view to be used with more detailed TA. I'm willing to scratch this idea and start a new one if the market...

OyeBeto Updated 

I'm still bearish because I think we need a wave 5 downwards (on white). I'm not sure about the price range nor the date but by looking at the recent price history following Elliott Waves, I don't see why it should't finish the last one. After all, we are still on a downtrend. This is not financial advice, of course. I'm just practicing Elliott Waves.

OyeBeto

After the market didn't continue with the pattern I posted previously (dark blue), I tried inverting it and see if it follows. I also added white lines coming from previous supports and resistances. Fibonacci levels match on some of them and they could give us clues about where the waves could end. I added 2 different scenarios, red one is bearish while blue one...

OyeBeto Updated 

Looks like in my previous analysis the patter was incorrectly scaled. This one looks much more accurate and matches the new drop. Let's see if it continues the same way.

OyeBeto Updated 

Posted a similar one on BTC, I don't know if any of both will follow but let's see.

OyeBeto

Found a pattern on the chart, let's see if it has a similar follow up.