The_Crypto_Astronaut

Overall Elliott Wave Count and Most likely Retracement Zones

INDEX:BTCUSD   Bitcoin
The above chart is my overall Elliott Wave count for BTC over the past few years, 2019 - Present... We've currently closed out of the wave 3 with the 5 wave count I put below confirming it... Next you have a wave W that is confirmed in a WXY move... The Y of this move is confirmed in an ABC... The Y of this move is yet to be confirmed. The original thought was that the ABC, which made the sub wave W of this final move, was the wave Y, but this correctional move after it has pointed towards it being a combination of the W move just mentioned, this current correction, and the next move, Wave Y...
ANOTHER THING TO NOTE!!!... The wave Y will be correlated in proportion to the Wave W...

I have the zones for likely correlation proportions, essentially price levels, so lmk if you guys want them!

HERES SOME CLOSE UPS
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.