There's so much buzzz around the recent price action of bitcoin. A lot of media articles and we all know that that means. We have had a FOMO cycle again in the short term.
Elliott wave accounts for the psychological aspects of trading. The 5th wave of an Elliott wave is the FOMO wave. After a 5th wave follows a retracement and to me right now it's looking like a...
My current Elliott wave count. Seems Pretty textbook E.W just waiting to play the break out of wave 1. Wave 2 could be making a variety of corrective patterns right now so might take a while of consolidation especially if we have to wait for a combo pattern.
Very nice double bottom at the end of the primary B correction between its intermediate 3 and truncated 5th...
