Bitcoin

BTC Elliott's wave

157
Before we get into the calculations let's get a few things clear-
*W2 cannot retrace more than 100% of W1.
*W3 cannot be the shortest wave.
*W4 can never go beyond W3 at anytime.
*End of Impulsive waves doesn't mean regressive waves will start. Another 5 Impulsive waves can start (like we see in super bullish alts) or we can see regressive waves.

Calculations of waves using Fibonacci-
*W2- 50%, 61.8%, 78.6%, 88.2% (50% was the bottom)
*W3- 161.8% of W1 (161.8% was the top of W3)
*W4- 14.6%, 23.4%, 38.2% OF W3 (you have the levels to look out for)
*W5- 61.8% of W1+W3 (TP)

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.