Possible Elliott Wave on Bitcoin chart!

2021年3月4日

This Elliott Wave is playing out beautifully so far. I believe all the rules are met.

>> This is an idea to discuss and think about it. Personally, even though it is possible, I'm not sure we'll go down that much in the middle of this bullrun. Previous corrections were not like this. However, it's always healthy to be aware of any possibility and be sure to never bet against technical analysis.


*By the way, 63k and 38k are levels the one and only D MAN is targeting... What do you think?

2021年3月11日

註釋

Doing GREAT so far!

Looks like there will be a new ATH soon...

2021年3月12日

註釋

By the way, just to clearify that target of ~63k: it comes from a level of the Fibonacci retracement shown below and set based on impulsive wave 2. This level of 2.618 is becoming a common target for cryptos. We've just had something similar in ETH recently.

2021年3月15日

註釋

I guess we have already corrected and the subwave 4 is done, similar to what happened with the last subwave 4. Everything looks good now to our final leg to the short-term top around 63k - 66k!

2021年3月27日

註釋

Updated version of the Elliotts with probable targets:



These waves are very beautiful and I believe we'll have a nice correction for a while now. My personal opinion is we will hit the bottom @ 32k or 38k (most likely).