RE: FREE TECHNICAL ANALYSIS OF YOUR CRYPTOS!! By a 15+ Year Veteran of Elliott Wave Counting & Chart Pattern Recognition!!

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FREE TECHNICAL ANALYSIS OF YOUR CRYPTOS!! By a 15+ Year Veteran of Elliott Wave Counting & Chart Pattern Recognition!!

in bitcoin •  7 years ago 

How can you tell if it's going to be an a,b,c,d,e or just an a,b,c? Thanks!

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7 years ago by

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      ·  7 years ago 

    Per EW principles, wave 4 never goes down to wave 1 range. As you can see on the chart, point A is almost touch on wave 1 range. If it's a,b,c correction, c should go lower than a, and then c would go down to wave 1 range, which violates EW principles. So it should be a,b,c,d,e correction. @haejin, please correct me if i'm wrong.

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