this is not elliot wave theory, but just a simple market structure ( Higher High - Higher Low, Lower High lower Lower ) Point A-C and C-E are the Higher high. Point B-D is higher low = so this is uptrend untill The price going fall from 30k to 18k and that move make Lower low, because the Price on point F lower than the price on Point D, this lower low makes...
SPX already change their market structure since 16-3-2020, i thinks it will be go to next suport which in 2035-2129, the monthly chart make a big gap, and will be retest the trendline, after that, it will be blood bath on the market
In 11 oct 2018 bitcoin break the suport in 6300 $, now the price will retest the BITFINEX:BTCUSD
as we see in my chart analysis, tron break the trend line and now try to re test to closest support i predict this is a moment like december 2017 when btc and alt coin rally so fast, for more information you can add my whatsap : 082213646782 you can support me by donate stelar lumen coin : GC4KAS6W2YCGJGLP633A6F6AKTCV4WSLMTMIQRSEQE5QRRVKSX7THV6S ...
[/i a strong suport and resist in bitcoin chart next time i will publish my analys In daily time frame