Testing/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
Coin is still relatively new so counts might not be accurate
Coin is still relatively new so counts might not be accurate
Trade active
Still need more time to get a more accurate count. A few months worth of data or so. The coin has moved way faster than the above prediction and .75 is to come. I don't know when...Trade closed: target reached
Update: We should have a pullback or a correction from here. A pullback to .55 area and it's possible that we can continue with the crazy pump gala has been getting. Below that and we should be consolidating for a new uptrend later.Trade active
So far so good. Movement now depends on gala's development & btcTrade active
Update: We ended up getting the WXYXZ correction and it has bounced off the .382 fib, normally we don't go lower than this so we should be starting the next impulse wave up to make the (3) wave of a bigger cycle. I've changed the timeline of the count to give it a more accurate prediction, the count has been pulled a bit further to the right.
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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.