What you see a quick and raw Elliott Wave analysis of this current surge of BitCoin
It appears to have hit what we like to call The Target Zone 1.
That's where Wave 5 usually terminates or it goes inside the Target zone 1 and fizzles out losing momentum before it hits Target Zone 2
Target Zone 1 is the Fib Expansion 62% and
Target Zone 2 is the Fib Expansion 100%.
Perhaps
TSLA #ElonMusk Bought right before the Start of Wave 5 at the end of Wave 4.
I get a kick out of such wave analysis. I was able to capture this around 34000 and exit today on candle trail.
:)
It appears to have hit what we like to call The Target Zone 1.
That's where Wave 5 usually terminates or it goes inside the Target zone 1 and fizzles out losing momentum before it hits Target Zone 2
Target Zone 1 is the Fib Expansion 62% and
Target Zone 2 is the Fib Expansion 100%.
Perhaps
TSLA #ElonMusk Bought right before the Start of Wave 5 at the end of Wave 4. I get a kick out of such wave analysis. I was able to capture this around 34000 and exit today on candle trail.
:)
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
To get our premium tools visit: itradeaims.net
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.