the_batman

BITCOIN ELLIOTT WAVE ANALYSIS: MOVING TO $300

Long
OKCOIN:BTCCNY   None
Diagonal pattern usually indicates a 100% retracement. This diagonal has an extended wave 1 and is a pristine pattern. (No time/space to show work but will field questions.) The zigzag correction pattern targets are indicated on the chart's right. Its targets are solid regardless of how the innards of the correction play out.

The zigzag will occur over 30-50 days, starting on 4/27-- it'll end roughly between 6/1/15 - 6/15/15.

Note the inner diagonal that's occurring as this chart is being posted. Target 1430 CNY then reverse.

---------------------

This chart is dedicated to @user100000, @scamcoins and all the other people who use the X wave to fill things in when they don't understand what's up. Knowing when you don't know is the path to success in any endeavor and part of being a complete person. You can't just slap on an X wave and call your marriage happy.

Idées en relation

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.