GilgaCrypt

GilgaCrypt

Trying out elliot waves on ZilBtc. Up to this point it has followed the pattern almost perfectly, so why not continue it? Wave 2 retracement to .382, .5, .618 fib areas, shown by horizontals. 1.0 Fib extension for wave 3 with .5 fib retrace for wave 4 & finally 1.618 extension for 5.

GilgaCrypt

I expect a bounce off .382 region. Has good confluence with the upward trend support. Short term ema fib cross before the push to 5027, retrace to 4866, then towards .5 & .618 region