Post
Topic
Board Speculation
Topic OP
Elliott Wave Predictions with Charts
by
Nathanael_
on 09/02/2014, 00:45:02 UTC
Post Elliott wave counts and predictions for the short, medium or long term.
Please include charts and short description.

Please, NO Elliott Wave bashing. Leave that for another thread.

Here is my thoughts:

Long Term.
Gox (sorry I was using Gox when I made this) Shown in Log Scale. The targets are not meant to be accurate, but just to show a count for "the big picture".
http://i.imgur.com/PMPxiTw.png

Medium Term.
Gox. Again, the target is not to be completely accurate, just to demonstrate that we are on wave C. Although, the target in this picture is a 100% copy of the length of wave A, which is a common target for C waves.
http://i.imgur.com/GL25tdu.png

Short Term.
Bitstamp. Here are my targets for the current wave we are on in wave C. These targets are based on common ratios for wave 5's. I also anticipate an extended wave 5, as its common when emotions get high with Bitcoin, and I feel like that will happen.
http://i.imgur.com/RWJFI95.png

Some of these targets also match previous support levels:
http://i.imgur.com/eLF2pHw.png

Here are links to the trading view chart above to follow LIVE
Stamp: https://www.tradingview.com/v/vYcIu4uA/
Gox: https://www.tradingview.com/v/Yy9UKJdV/

Edit: Spelling Smiley