interesting... you point that one wave can last one and a half year while the other one lasts 1 month?
Not using log scale either makes your TA looks really bad.
Not using log scale either makes your TA looks really bad.
Price/structure precedes time priority under Elliott Wave analysis. Exponential waves usually occur quicker in time; whilst corrective waves tend to elapse longer in time often dwindling sideways.
The Fibonacci relationships between the waves remain unchanged whether using either logarithmic or linear charts.
Last November 4th you had left open two possible scenarios
Now, after the last and decisive market movements, I see that you have chosen for the corrective hypothesis?
Do not you think that it can be a false correction to blow up many open positions, and from now on will simply make a series of ups and downs for a few months, exhausting even more investors, holders and mining farms?
Do not you think that a market and a coin that falls for three consecutive years can completely die, and never recover again?