We can see a type of triangle going on on this Cryptocurrency, we have an Elioot Impulse wich was the top and started consolidting, ABCs going on and I used ghost feed to show what Im expecting to happen, scroll down to see Eliott Impulse.
Note
Trade was completed and about to reach -0.27 retracementNote
-0.618 reachedNote
We can see yesterday cryptocurrenccies had a downfall, because most of them are forming there first or second wave, on this case I followed bullish impulse for months so I could catch second wave on ETH and an Elliott Impulse was completed.- if you measure 0-1 (first wave) it will give you 31963782551
- multiply 31963782551 times 2.618
- (31963782551 x 2.618 = 83681182718.518)
- 4-5 measures 83681182718.518 (third wave)
You can see it was completed right around top and began bearish impulse.
- I used same Fibonacci measure from last analysis so you can see how all corrections are at -0.27, -0.618 and -1.618.
- Even used MACD to show how Elliott Impulse was respected
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
