Petros

PRO
Message Follow Following Unfollow
Joined
The future is not like the past.
Markets Allocation
Top Mentioned Symbols
ETHXBT 42% | 3 BTCUSD 28% | 2 LTCUSD 28% | 2
Petros Petros PRO ETHXBT, 720,
ETHXBT: ETH/ BTC - THE BIG PICTURE OF CURRENT UPTREND - wave V target
155 0 2
ETHXBT, 720
ETH/ BTC - THE BIG PICTURE OF CURRENT UPTREND - wave V target

Here we are at the beginning of the wave V, although I was not correct about wave b of IV beeing irregular, wave c of IV played out as expected. Now we are able to draw wave V price target zone. Based on a Fibonacci 1.618 extension we can conclude that wave V will end between 0.037 and 0.05 BTC per Ether. Wave V will have 5 waves like wave III. Watch them ...

Petros Petros PRO ETHXBT, 720,
ETHXBT: ETH/ BTC - THE BIG PICTURE OF CURRENT UPTREND - irregular wave B
388 2 2
ETHXBT, 720
ETH/ BTC - THE BIG PICTURE OF CURRENT UPTREND - irregular wave B

Looks like we're stuck in wave B of correction (of wave 4). This is an irregular (triangle) wave B - there are 5 waves in it (a-b-c-d-e). I've added two arrows to point out how such a wave B looks like, because it's rather rare. The end of wave 4 seems nowhere near, it can take whole April until it finishes.

Petros Petros PRO ETHXBT, 720,
ETHXBT: ETH/ BTC - The BIG picture of current uptrend
971 6 3
ETHXBT, 720
ETH/ BTC - The BIG picture of current uptrend

Here we have it: a perfect Elliott Wave in all it's glory. This view helps to get a bigger picture of where we are in the current trend. Targets are estimates only, as waves can get severly compressed and stretched both in time and price. We'll be able to draw price target zone for wave V only after c of IV is concluded. I'll update the chart when this happens.

Last visit
0
0
0
Message Follow Following Unfollow
Last visit Germany
80
133
1282
Message Follow Following Unfollow
10
0
50
Message Follow Following Unfollow
Last visit Maldives
3433
317
25791
Message Follow Following Unfollow
Last visit
13
5
72
Message Follow Following Unfollow
Online
8
0
40
Message Follow Following Unfollow
Online EUROPE
8662
588
75354
Message Follow Following Unfollow
Last visit
0
0
0
Message Follow Following Unfollow
Last visit
38
6
240
Message Follow Following Unfollow
Last visit United Kingdom
4902
167
32044
Message Follow Following Unfollow
Last visit
94
1
421
Message Follow Following Unfollow
Last visit UK
5928
180
23263
Message Follow Following Unfollow
Last visit
1164
40
4499
Message Follow Following Unfollow
Last visit
3216
45
9949
Message Follow Following Unfollow
Last visit Germany
900
122
4258
Message Follow Following Unfollow
Last visit Germany
80
133
1282
Message Follow Following Unfollow
XAGUSD
Silver/U.S. Dollar
Follow Following Unfollow
XAUUSD
Gold / U.S. Dollar
Follow Following Unfollow
Market
Interval
Browse
Time
Type
Browse
Time
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out