NEWBIE! Trying to understand patterns (BTC, OMG)
Aggiornato
SO SUPER NEW!!! Don't devour me! I need a place to look back at my thoughts so I'm going to post my ideas as I learn. I know I still need to fill the gaps with my knowledge. Hopefully I can use this as a way to learn since I can look back on it later. Will I ever see this shit!? :)
Elliott Wave? Descending Triangle??
IF this is Elliott Wave spotted on BTC, (still not sure where to chart a, b and c's support level). I find it interesting that the 3rd leg coincides with OMG's first move. Makes sense since OMG wasn't old enough to include the first 2 legs? Should one consider moves from BTC when looking at OMG (or other coins)? Or should I look at each chart independently? Maybe I'm just overthinking this. It's hard to see patterns at this stage of learning. EVERYTHING looks like a pattern!
OMG corrective period is holding support very nicely IF it's working with BTC's EW. OR, is this independent of the EW spotted on BTC and instead OMG forming a descending triangle?
How far will BTC come down and how will OMG play out considering BTC leg C is not complete yet?
Back to studying...
Does anyone have any suggestions for good reading material to start with?
Elliott Wave? Descending Triangle??
IF this is Elliott Wave spotted on BTC, (still not sure where to chart a, b and c's support level). I find it interesting that the 3rd leg coincides with OMG's first move. Makes sense since OMG wasn't old enough to include the first 2 legs? Should one consider moves from BTC when looking at OMG (or other coins)? Or should I look at each chart independently? Maybe I'm just overthinking this. It's hard to see patterns at this stage of learning. EVERYTHING looks like a pattern!
OMG corrective period is holding support very nicely IF it's working with BTC's EW. OR, is this independent of the EW spotted on BTC and instead OMG forming a descending triangle?
How far will BTC come down and how will OMG play out considering BTC leg C is not complete yet?
Back to studying...
Does anyone have any suggestions for good reading material to start with?
Nota
Charting minuette waves within the GrandSuper Cycle
Nota
Will OMG maintain support if BTC continues to complete wave C?
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