Post
Topic
Board Speculation
Re: 2018 Cryptocurrency Crash (Elliott Wave)
by
xxxx123abcxxxx
on 06/02/2018, 20:11:45 UTC
Again a pleassure to read you. Thanks for answering me.

I do agree on the overall structure. I have been following the rate at GDAX when it jumps a little comments start appearing saying the bottom has been reached, but when you start zooming out is amazing how it sticks to your first assumption on Jan 16.

As we can see it seems that the time.is shortening or that the reations are faster even when the volume that is being operated is double since yesterday night ( I would assume that the less volume.the most easy to change)

Any papper / article you suggest on the Elliot wave subject?

Regards

Edit: when you talk about the Fibonacci, you refer to the sequence? where this sequence is appied?

Personally recommend the following books in regards to Elliott Wave theory (available until Mar 23 2018)...

1. Elliott Wave Principle: Key to Market Behavior
    Robert R. Prechter, A.J. Frost
    https://files.fm/u/pnmaksvv (77MB)

2. Visual Guide to Elliott Wave Trading (Bloomberg Financial)
    Wayne Gorman, Jeffrey Kennedy
    https://files.fm/u/mcg8me4m (33MB)

Start with the second book since it provides a visual introduction to illustrating the use of Fibonacci concepts.