Bitcoinמעודכן BTC - Elliot correction - How to count waves
This post for education purpose only.
Yesterday BTC at 11k3, I draw 2 ways BTC can go, some reasons:
1. Wave A has 3 waves, Wave B has 3 waves
2. In this 3-3-x case, we only have 2 types of correction: flat or triangles.
3. In case of flat correction, it goes as green line. Wave C go 5 waves, stop at fibo 1 or 1.13
4. In case of triangles correction, it would be 3-3-3-3-3 waves, like orange line.
5. Now, price are following green line, let's see I am right or wrong.
Yesterday BTC at 11k3, I draw 2 ways BTC can go, some reasons:
1. Wave A has 3 waves, Wave B has 3 waves
2. In this 3-3-x case, we only have 2 types of correction: flat or triangles.
3. In case of flat correction, it goes as green line. Wave C go 5 waves, stop at fibo 1 or 1.13
4. In case of triangles correction, it would be 3-3-3-3-3 waves, like orange line.
5. Now, price are following green line, let's see I am right or wrong.
הערה
הערה
In the case wave C of flat correction extend to fib 1.13, price follow yellow line.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.