Elliottwaveidea
BTCUSDUpdate my chart ...
Full count last wave for up ....
In this time wave 4 green is flat / correction / running or expanded, because wave 2 green is zig zag.
Price targets for Wave up from 11k.NOT a professional, just a person who loves TA and is very very good at pattern recognition. Do your own due diligence and make your own decisions. This post is only for speculative/educational purposes. Consult a professional if needed. Good luck trading!
If this post saved or made you money, please consider tipping and/or commenting as I lost a decent amount trying to trade this before I realized what was happening. I have another published idea which further explains things.
-Wave is doing a large correction (prediction made 12am Feb 21) to 39500
- Wave 5 of higher Wave 3 is ending Diagonal, causing deep correction to 39600 (top of wave 1, it will finish below that if entire large wave is leading wave)
- Predicting entire leg up from 11k is a leading diagonal.
- Complete wave prediction: 77240 (could be less entire large wave IS a leading wave, as wave 4 will finish inside wave 2 area. Add 19700 to end of wave 4 to find wave 5.
-Wave 5 will extend past wave 3 guaranteed.
-Wave 3 was 68% of wave 1, applied same % to wave 3 to predict wave 5 (don't know if there are known numbers for this.
Deep ABC Downtrend forming! 1st Comment has link to chartLeading Diagonal (Elliot Wave) is forming on 1 hour time frame which will lead to a large downtrend, trade appropriately!
I'm not a professional, just someone very good at seeing patterns and correlating data. Please use due diligence and do your own research/confirmations on this data. This information is for speculative/educational purposes.
If this saved or made you some money, please consider tipping as I lost a decent chunk of money trading this unfortunately until I realized what was forming! Comment if this data was helpful. Good luck trading!
ETHUSD 30m /short term/Update my previous chart for complex correction my wave iv /yellow/ and start new impulse wave for wave v /yellow/
BTCUSD 4 HFull count Elliott wave 1 W -12 H and 4 H time frame
1. 4 H - time frame - bear divergence for wave iv - yellow / next wave iv - yellow - drop price /
2. 4 H - time frame - bear divergence for wave 3 white and wave 5 white, for finish wave iii - yellow, wave v - blue and wave 5 white / next wave iv - yellow - drop price /
3. 4 H - time frame - wave 5 white - ending diagonal /3-3-3-3-3/ short term 5-15-30 m/
When the Stars Are Aligned - Trade the High Probability 5th WaveOverview video on how stocks generally behave and how our Elliottwave Indicator Suite can measure that behaviour to identify high probability 5th Wave Swingtrading opportunities.
$GM General Motors is used in this great example where Paul also discusses managing this 5th wave trade.
