BTC: ELLIOT WAVE COUNT
Hey Guys!
It's been a while since I've used EWT, so why not give it a try on BTC's current price action. :)
Based on my count, wave 3 has been completed, making its way to end wave 4.
My target for Wave 4 is anywhere between 0.618 to 0.786 fib extension, which would land near the bottom of BTC's ascending price action.
In terms of my target for Wave 5, it would be between the VAH of 21.6k to the 1.618 fib ext of 22.1k
I would love to hear any of your thoughts on my count as I may be a tad rusty.
But trust me, I've fully read Elliot Wave Principle by AJ Frost & Robert Pretcher <33333
Safe Trading Friends :)))))
It's been a while since I've used EWT, so why not give it a try on BTC's current price action. :)
Based on my count, wave 3 has been completed, making its way to end wave 4.
My target for Wave 4 is anywhere between 0.618 to 0.786 fib extension, which would land near the bottom of BTC's ascending price action.
In terms of my target for Wave 5, it would be between the VAH of 21.6k to the 1.618 fib ext of 22.1k
I would love to hear any of your thoughts on my count as I may be a tad rusty.
But trust me, I've fully read Elliot Wave Principle by AJ Frost & Robert Pretcher <33333
Safe Trading Friends :)))))
786 fib extention level reached.