Chart makes these assumptions in theory.
December's crypto season makes up macro Wave 1 (blue). Show with the 5 impulse waves in yellow on the left.
The 1st quarter of 2018 retrace would make up macro Wave 2 (blue) with a standard ABC type of retrace.
macro wave 3 (blue) is being worked on.
The first upswing for XVG in spring which took us up to .00001450 ish is shown with the 5 impulse waves in yellow on the right.
This would be the sub wave 1 & 2 of the next 5 wave impulse set that will make up macro wave 3 (blue)
Other things of note.
sub wave 2 retraced to the .618 from its last rise within sub wave 1.
The 1 day is showing a nice cup and handle.
December's crypto season makes up macro Wave 1 (blue). Show with the 5 impulse waves in yellow on the left.
The 1st quarter of 2018 retrace would make up macro Wave 2 (blue) with a standard ABC type of retrace.
macro wave 3 (blue) is being worked on.
The first upswing for XVG in spring which took us up to .00001450 ish is shown with the 5 impulse waves in yellow on the right.
This would be the sub wave 1 & 2 of the next 5 wave impulse set that will make up macro wave 3 (blue)
Other things of note.
sub wave 2 retraced to the .618 from its last rise within sub wave 1.
The 1 day is showing a nice cup and handle.