Possible Bullish Pennant forming (light blue), it could potentially end with Willy Woo's floor trendline (yellow). Elliott Impulse Wave point 3 to match pennant's target (in white). Point 5 of wave approximately at ATH's Falling Wedge target, $56k. I am just a beginner with Elliott Waves, any experts out there? What do you think?
We know this is just a correction, but how long will it last? How deep will it be? Of course we can never make an accurate prediction, but we can get a general idea of what most likely happen. This week has been a puzzle for me, this is my first BTC bull market, and this is only my third price correction, so I have been studying and thinking hard trying to get...