Just learned a bit more about elliott waves and applied this to BTC including a possible way this may be going. I took the trend channel range and looked for possible support marks as turn around points, knowing that this is highly speculative.
Please note that I lowered the huge support/trend line a little bit way south against my previous ideas based on a more precise candle stick low (around Feb 06/2018).
I've been told that elliott waves are more reliable and whale action resistant than several other indicators. Following my own research there is a good chance that this is true.
Please note that I lowered the huge support/trend line a little bit way south against my previous ideas based on a more precise candle stick low (around Feb 06/2018).
I've been told that elliott waves are more reliable and whale action resistant than several other indicators. Following my own research there is a good chance that this is true.
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