Bitcoin 2014-15 Correction
Amazing to me that Elliot discovered these patterns and counts, which are still active and valid to today's market, including crypto-currencies. The Triple Combo has (2) variations: Basically, the ending "Y" leg finishes in either a 'zig-zag' or a 'triangle'.
This correction took over a year to complete, and I believe this to be a larger degree wave 1 & 2. The current correction in 2018, I believe will be shorter than that of 2014, which would be a lower degree wave 3 & 4, ending in the triangle form, and then Bitcoin will continue it's push to much higher territory.
I offer this count in order to illustrate the current correction and the difference between the two corrections.
Good Luck!
This correction took over a year to complete, and I believe this to be a larger degree wave 1 & 2. The current correction in 2018, I believe will be shorter than that of 2014, which would be a lower degree wave 3 & 4, ending in the triangle form, and then Bitcoin will continue it's push to much higher territory.
I offer this count in order to illustrate the current correction and the difference between the two corrections.
Good Luck!
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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.