This is an Elliott Wave Analysis on BTC’s movement, charted from the beginning of BTC to right now. Based on Wave Degree, this analysis assumes we are in Wave V of the Grand Primary Cycle, in Wave III of the Super Cycle (yellow symbols), and just about to finish the ABC correction of the C extension on the Regular Cycle (white symbols). Charted in Lime Green is...
Update on ETH Elliott Wave. Regular bearish divergence forming at this time - there was hidden bullish divergence back to back that brought us to the golden fib pocket to blast off and create Wave 3 of Extended Wave 5... There is a bullish pennant forming, which has the lowest success rate of all chart patterns for coming to fruition (breaking out and upwards in...
Potential set up for ETH based on Elliott Waves, Fib retracements, Fib extensions, and Fib time zones. Wave 5 of the primary Elliott Wave is a extended wave 5 extension. Once Impulse Phase is complete the correct ABC phase will begin. Primary Impulse Wave - White projection line with white circles Extension Waves - Yellow projection line with yellow...
Bullish outcome for BTC based on Elliott Waves, Fib Retracements, and the current uptrend channel we are traveling in at this time. Wave 4 and 5 are to be determined by the length/retracement of Wave 4.